Global Gold Analysis (Daily Time Frame) In the past week, gold continued its strong upward trend. With a full-bodied bullish candle closing on the weekly and daily charts, it has firmly established the case against sellers, reinforcing the continuation of gold’s rise toward new price highs. After breaking through the previous range high, gold has formed a new upward range, rising to the 2721 level. We anticipate a price correction into the depth of the breakout area (the Des flip zone on the chart), from which we will again enter buy positions. The green zones marked on the chart indicate valuable

Global Gold Analysis (Daily Time Frame) Global gold prices are showing an upward outlook, influenced by numerous factors including geopolitical conditions, interest rates, dollar strength, and global economic indicators. In the daily time frame, after reaching the 618 Fibonacci level and forming a bullish engulfing candle, there is a possibility of price increasing to the levels of 2674, 2685, and subsequently 2706, 2735. As long as the price remains above the 2604 level, the daily trend can be considered bullish. A break below this area may lead to a price drop to the range of 2574–2548. In the 4-hour time frame,

Global Gold Analysis (Daily Time Frame) Last week, the gold price faced severe fluctuations as tensions in the Middle East and U.S. employment reports drove prices towards both complete collapse and new historical highs. However, by the end of Friday, gold prices were nearly at the same level as at the start of the week, as upward and downward pressures neutralized each other. The non-farm payroll report increased U.S. Treasury yields and the dollar, indicating a gradual or moderate reduction in interest rates in the future. Typically, this is enough for a bearish forecast for gold prices, but considering the current

Global Gold Analysis (Daily Time Frame) Gold is currently trading within a strong ascending channel in the daily time frame, approaching the upper boundary of the channel. If it breaks the resistance range between 2658 and 2686, it is expected to continue rising, reaching new all-time highs. The key “flip zones” around 2600 and 2570 present valuable buying opportunities for gold, targeting levels of 2777, 2761, and 2830. If the 2650 level breaks under certain conditions, traders can consider entering sell trades, targeting 2638, 2620, 2600, and 2570. Gold Analysis (4-Hour Time Frame) In the 4-hour time frame, gold is also

Global Gold Analysis (Daily Time Frame) Gold continued its strong upward trend in the past week, driven by the expectation of a decrease in U.S. interest rates, reaching new historical highs. In the daily time frame, gold is in a powerful ascending channel, approaching the upper boundary of that channel. With a breakout above the 2600 level and a bullish full-body candle closing, there is potential for further price increases toward resistance levels at 2658, 2705, and 2759. The price range of 2500-2528 is considered a valuable area for buying opportunities. Gold Analysis (4-Hour Time Frame) Gold is currently in an

Gold Technical Analysis – 4-Hour Timeframe In the 4-hour timeframe, global gold prices have been oscillating within an ascending channel and set a new historical high with a robust rally over the past week. Gold Technical Analysis – 1-Hour Timeframe In the 1-hour timeframe, gold has broken the upper boundary of the range upward with a change in structure and is now approaching the upper boundary of the 4-hour channel. Gold has grown precisely the width of the trading range, and buyers are in the process of taking profits on their positions. Gold Technical Analysis – 15-Minute Timeframe In the 15-minute

Gold Technical Analysis – 4-Hour Timeframe On the 4-hour timeframe, gold is currently trading within an ascending channel. As long as the highlighted yellow zone remains unbroken, the price of gold is likely to continue consolidating within this range. Gold Technical Analysis – 1-Hour Timeframe Gold is oscillating within the area shaded in blue. If a valid break occurs below the range lower, a continued decline in gold toward the 1-hour demand zone around $2,450, which coincides with the lower boundary of the 4-hour channel, is expected. Conversely, if support holds at the range lower, the likelihood of a price increase

Gold Technical Analysis – 4-Hour Timeframe In the 4-hour timeframe, gold is oscillating within an ascending channel. As you can see, gold is attempting to break through the resistance level at $2,525 but has not yet succeeded, experiencing a downward correction each time it encounters this area. If it breaks above this resistance level, we can expect gold to rise toward the upper boundary of the ascending channel. Otherwise, the global gold ounce will likely undergo a deeper correction down to the channel’s lower boundary and the supply area at $2,424. Gold Technical Analysis – 1-Hour Timeframe The dynamic support and

Gold Technical Analysis – 4-Hour Timeframe Gold has displayed a clear upward trend within the framework of an ascending channel. The break of the $2,477 resistance, accompanied by a successful pullback, indicates strong buying power and the continuation of the upward trend. If a decisive break above the $2,530 resistance occurs, it can be expected that gold will move toward the upper boundary of the channel in the vicinity of $2,560. This would signify a strengthening of the bullish trend and the entry of gold into a new phase of growth. However, failure to break through the $2,530 resistance and a