Fundamental Drivers
Record highs near $3,600/oz: Gold (XAU/USD) is hovering just below or at all-time highs around $3,600. Weak U.S. jobs data (just 22,000 added in August) has heightened expectations of aggressive Federal Reserve rate cuts, fueling gold’s rally.
Reuters
Financial Times
FXEmpire
Dovish Fed outlook and global uncertainty: The confluence of expected rate cuts, a weaker dollar, and global instability has pushed gold sharply higher, attracting both speculative traders and central bank buyers.
FXEmpire
FX Leaders
Barron's
Forecasts trending higher: Analysts see more upside. Estimates range from $3,700 soon to a year-end target near $4,000, possibly even $5,000 by 2026 under certain scenarios.
Barron's
Trading News
FX Leaders
Technical Signals
Momentum strong, but stretched: Technical readings (RSI, MACD, Stochastic etc.) largely signal a strong bullish bias—but many show overbought conditions.
Investing.com
+1
Key levels to watch:
Resistance: ~$3,640–3,650 zone—break here could open the path to new highs.
TradingView
+1
Support: ~$3,580–3,600—crucial area for holding bullish structure.
TradingView
+1
Scenarios vary from continued rally to a short-term correction if resistance holds.
TradingView
RoboForex
Strategic sentiment: Many technical analysts remain bullish, recommending long entries on dips near support, while a few caution of a pullback given the sharp rise.
TradingView
+1
RoboForex
Record highs near $3,600/oz: Gold (XAU/USD) is hovering just below or at all-time highs around $3,600. Weak U.S. jobs data (just 22,000 added in August) has heightened expectations of aggressive Federal Reserve rate cuts, fueling gold’s rally.
Reuters
Financial Times
FXEmpire
Dovish Fed outlook and global uncertainty: The confluence of expected rate cuts, a weaker dollar, and global instability has pushed gold sharply higher, attracting both speculative traders and central bank buyers.
FXEmpire
FX Leaders
Barron's
Forecasts trending higher: Analysts see more upside. Estimates range from $3,700 soon to a year-end target near $4,000, possibly even $5,000 by 2026 under certain scenarios.
Barron's
Trading News
FX Leaders
Technical Signals
Momentum strong, but stretched: Technical readings (RSI, MACD, Stochastic etc.) largely signal a strong bullish bias—but many show overbought conditions.
Investing.com
+1
Key levels to watch:
Resistance: ~$3,640–3,650 zone—break here could open the path to new highs.
TradingView
+1
Support: ~$3,580–3,600—crucial area for holding bullish structure.
TradingView
+1
Scenarios vary from continued rally to a short-term correction if resistance holds.
TradingView
RoboForex
Strategic sentiment: Many technical analysts remain bullish, recommending long entries on dips near support, while a few caution of a pullback given the sharp rise.
TradingView
+1
RoboForex
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน