📊 Market Overview
Gold prices are currently trading around ~4,750–4,850 USD/oz during the session on February 3, 2026, declining from recent highs after a sharp correction from previous record levels. Strength in global equity markets, combined with selling pressure following Fed leadership developments and expectations of a stronger USD, continues to weigh on gold as a traditional safe-haven asset. However, capital inflows are showing signs of returning as deeply discounted prices attract technical buying interest.
📉 Technical Analysis
• Key resistance levels:
– 4,900–4,950 USD/oz
– ~5,050–5,150 USD/oz (psychological / technical zone)
• Nearest support levels:
– ~4,650–4,700 USD/oz
– ~4,500–4,550 USD/oz
• EMA (09): Price is trading below the EMA 09 on the 4H/D1 timeframes, indicating that the short-term bearish trend remains dominant.
• Candlestick / Volume / Momentum: Declining volume during rebounds suggests technical buying is present but not strong. RSI on several timeframes is approaching oversold territory, which may cause volatility before the next directional move.
📌 Outlook
Gold may continue its short-term decline if it fails to break above the 4,900–4,950 USD/oz resistance zone and selling pressure resumes due to stable or rising USD interest rate expectations. However, if the 4,650–4,700 USD/oz support zone holds, a technical rebound toward higher resistance levels remains possible.
💡 Suggested Trading Strategy
SELL XAU/USD: 4,953–4,956
🎯 TP: 50 / 100 / 150 / 300 pips
❌ SL: ~4,963
BUY XAU/USD at: 4,650–4,647
🎯 TP: 50 / 100 / 150 / 300 pips
❌ SL: ~4,640
Gold prices are currently trading around ~4,750–4,850 USD/oz during the session on February 3, 2026, declining from recent highs after a sharp correction from previous record levels. Strength in global equity markets, combined with selling pressure following Fed leadership developments and expectations of a stronger USD, continues to weigh on gold as a traditional safe-haven asset. However, capital inflows are showing signs of returning as deeply discounted prices attract technical buying interest.
📉 Technical Analysis
• Key resistance levels:
– 4,900–4,950 USD/oz
– ~5,050–5,150 USD/oz (psychological / technical zone)
• Nearest support levels:
– ~4,650–4,700 USD/oz
– ~4,500–4,550 USD/oz
• EMA (09): Price is trading below the EMA 09 on the 4H/D1 timeframes, indicating that the short-term bearish trend remains dominant.
• Candlestick / Volume / Momentum: Declining volume during rebounds suggests technical buying is present but not strong. RSI on several timeframes is approaching oversold territory, which may cause volatility before the next directional move.
📌 Outlook
Gold may continue its short-term decline if it fails to break above the 4,900–4,950 USD/oz resistance zone and selling pressure resumes due to stable or rising USD interest rate expectations. However, if the 4,650–4,700 USD/oz support zone holds, a technical rebound toward higher resistance levels remains possible.
💡 Suggested Trading Strategy
SELL XAU/USD: 4,953–4,956
🎯 TP: 50 / 100 / 150 / 300 pips
❌ SL: ~4,963
BUY XAU/USD at: 4,650–4,647
🎯 TP: 50 / 100 / 150 / 300 pips
❌ SL: ~4,640
Сделка активна
Gold’s rise to 4,894 is mainly a technical rebound, and correction pressure remains if price fails to decisively break the 4,900–4,950 resistance zone.Сделка закрыта: достигнута тейк-профит цена
The move toward 4,950 followed by a sharp pullback to 4,890 shows that resistance held firmly; the short-term bias remains corrective/choppy unless price quickly reclaims and holds above 4,950.
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📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.