Global Gold Analysis (Daily Time Frame) In the past week, gold experienced an upward move from the mentioned support zone. Strong buying pressure led to a break above the $2889 level, with gold reaching $2930. In the final three trading days, price action preferred to consolidate within a range. Main Scenario (Higher Probability): It appears that gold has entered a range-bound phase, with the upper boundary at $2956 and the lower boundary at $2832. Thus, price action is expected to fluctuate within this range throughout the upcoming week. If gold breaks above the $2930 resistance, the next target will be the

Global Gold Analysis (Daily Time Frame) In the past week, gold formed a rising wedge pattern, clearly visible on the 4-hour timeframe, and eventually broke below its lower boundary, experiencing a decline down to the anticipated level of $2,834. The key question for this week is whether gold will attempt a recovery or continue its downtrend. 🔹 Main Scenario (Higher Probability): Given the strong bearish momentum and the type of weekly candlestick that formed last week, further decline is expected. However, before that, a temporary pullback toward $2,889 is possible. If this pullback is completed, the next bearish target will be

Global Gold Analysis (Daily Time Frame) Over the past week, gold recovered the losses from the previous week and even temporarily broke above its last high at $2,943, but it failed to stabilize above this level. As a result, during the last three trading days, it fluctuated within a range. Now, the question is whether gold will undergo a price correction this week or if buyer strength remains strong enough to push for new highs. Primary Scenario (Higher Probability):Market sentiment toward gold remains bullish. It is expected that after a slight correction to around $2,906, gold will be rejected upward and

Global Gold Analysis (Daily Time Frame) As outlined in last week’s main scenario, gold broke above the $2,887 resistance level, reaching a new all-time high of $2,942. However, after hitting this level, selling pressure increased significantly, leading to a strong bearish candle on the last trading day, resulting in a 630-pip drop, closing at $2,882. Main Scenario (Higher Probability):Given the strong bearish daily close, the downward move is likely to continue. However, before this, a short-term pullback might occur before further decline. The first downside target is $2,864, followed by $2,834. Alternative Scenario (Lower Probability):If gold reverses from current levels and

Global Gold Analysis (Daily Time Frame) In the past week, global gold (XAU/USD) has continued its strong bullish trend, disregarding economic data and constantly setting new highs. The key question now is how long this relentless rally will continue and when and where the first correction might occur. Main Scenario: Given the trend momentum and candlestick structure, gold is expected to continue moving toward new highs. If it breaks and stabilizes above $2,887, this scenario will be confirmed. Alternative Scenario: If the above scenario fails and gold initiates a correction, it could pull back to $2,790 as a retracement (pullback) to

Global Gold Analysis (Daily Time Frame) Daily Time Frame Over the past week, the global gold ounce reached its historical high after 3 months and managed to break through the important area of $2,790. Based on the type of candle formed on the last trading day, we need to see if it still has the tendency to move higher this week. Main Scenario: If buyers are strong enough to create good candles in the coming week and stabilize above the $2,790 high, it can move towards new highs. Alternative Scenario: If it turns down from this area, a correction to around

Global Gold Analysis (Daily Time Frame) After a strong breakout above the critical $2,725 resistance, global gold prices approached their all-time high. The key question is whether gold will surpass its historical peak this week and set new records. Primary Scenario: Gold is expected to maintain its bullish trend. However, before continuing upward, it might initiate a pullback and correct down to the $2,725 zone before resuming its rally. Alternative Scenario: If buying pressure remains strong, gold could powerfully break its historical high. In this case, new record highs are likely. Gold Analysis (4-Hour Time Frame) Primary Scenario: Gold may correct

Global Gold Analysis (Daily Time Frame) Gold continued its upward trend like in previous weeks. After a pullback to the $2,657 area, it managed to reach the $2,725 resistance level for the third time.Main Scenario: It is expected that after a slight correction, Gold will be able to break through the $2,725 resistance and move toward the $2,749 and $2,762 areas.Alternative Scenario: If the above scenario does not occur and Gold reverses from this area, it could first move toward the $2,657 area. Gold Analysis (4-Hour Time Frame) Main Scenario: It is expected that Gold will range a bit and form

Global Gold Analysis (Daily Time Frame) As highlighted in last week’s analysis, global gold managed to break above the $2,665 resistance level, moving toward higher levels and closing the trading week at $2,689. Main Scenario: Gold is expected to continue its upward trend after a minor correction. If it breaks and stabilizes above the critical $2,693 zone, the next target will be the $2,726 range. Alternative Scenario: If gold fails to stabilize above the $2,693 zone, a price reversal may occur, with a potential decline toward the $2,665 range. Gold Analysis (4-Hour Time Frame) Main Scenario: If gold breaks and stabilizes

Global Gold Analysis (Daily Time Frame) Gold has shown a strong upward reversal, breaking through the significant $2,638 level, creating favorable conditions for reclaiming higher levels. Main Scenario: Given the strong bullish candle formed on the last trading day of the previous week, the upward movement is expected to continue. If gold breaks above the $2,665 resistance, the next targets will be $2,693 and potentially $2,725. Alternative Scenario: If gold consolidates below the critical $2,638 level, it is likely to test $2,596 first and then $2,583. Gold Analysis (4-Hour Time Frame) Main Scenario: It appears that gold is completing its pullback