GOLD | Technical & Fundamental Overview
Gold surged to a record high above $4,420, driven by growing expectations of U.S. rate cuts next year and rising safe-haven demand amid heightened geopolitical tensions.
Markets are increasingly positioning for a looser U.S. monetary policy into 2026, which remains a strong supportive backdrop for non-yielding assets like gold.
The rally is also supported by continued central-bank purchases, steady inflows into gold-backed funds, and escalating geopolitical risks following renewed U.S. pressure on Venezuela.
Technically:
To maintain the bullish continuation, gold needs to close a 1H candle above 4420, which would open the way toward 4430 and 4445, with further extension toward 4460.
However, as long as the price trades below 4420, a short-term correction is likely:
First toward 4400
Then potentially toward 4379 – 4367
Pivot Line: 4420
Resistance: 4430, 4445, 4460
Support: 4400, 4380, 4368
Bias: Bullish above 4420; corrective below it.
Gold surged to a record high above $4,420, driven by growing expectations of U.S. rate cuts next year and rising safe-haven demand amid heightened geopolitical tensions.
Markets are increasingly positioning for a looser U.S. monetary policy into 2026, which remains a strong supportive backdrop for non-yielding assets like gold.
The rally is also supported by continued central-bank purchases, steady inflows into gold-backed funds, and escalating geopolitical risks following renewed U.S. pressure on Venezuela.
Technically:
To maintain the bullish continuation, gold needs to close a 1H candle above 4420, which would open the way toward 4430 and 4445, with further extension toward 4460.
However, as long as the price trades below 4420, a short-term correction is likely:
First toward 4400
Then potentially toward 4379 – 4367
Pivot Line: 4420
Resistance: 4430, 4445, 4460
Support: 4400, 4380, 4368
Bias: Bullish above 4420; corrective below it.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at:
• t.me/SM_News_24h
• t.me/Srosh_signals
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.