Gold (XAU/USD) price breaks past $3,400 resistance, signaling a bullish trend. Can it hit $3,800? Key factors driving the rally explained.
XAU/USD forecast for short-term trading
Gold price retreats from monthly top as modest USD strength prompts profit-taking
Gold price (XAU/USD) retreats from its highest level since June 16, around the $3,439 region touched during the Asian session on Wednesday, and for now, seems to have snapped a three-day winning streak. The global risk sentiment gets a fresh boost after US President Donald Trump announced a trade deal with Japan. This, in turn, undermines the safe-haven precious metal and prompts some profit-taking amid a modest US Dollar (USD) recovery.
Gold Prices Hover Near $3,407, Waiting for a Big Move
Gold (XAU/USD) prices is holding steady during Monday’s European trading session, but it’s having a hard time breaking through a key level it’s been stuck at for weeks.
Spot Gold (XAU/USD) Price Analysis: Will It Shine or Decline?
Namaste, dosto! If you’re keeping an eye on Spot Gold (XAU/USD), you’re probably wondering whether it’s time to buy some sone ka biskut or hold off. Gold has always been a big deal in India, from wedding jewellery to Diwali investments. So, let’s break down the latest price action in simple, desi style to help you make sense of it. No bakwas, just clear insights!
Gold (XAU/USD) Price Forecast: Holds 50-Day MA Amid Pennant Formation
Gold Price Forecast: Despite muted follow-through, gold’s breakout from last week remains intact, with consolidation inside a bullish pennant suggesting rising odds of an eventual continuation toward new record highs.
Gold Price Update: A Look at the Intraday Chart (Thusrsday, July 10 2025)
Gold (XAU/USD) Price Update: Even after a rough patch earlier this week, Spot Gold pulled off a nice comeback on Wednesday. It climbed back abovethe key 38.2% Fibonacci Retracement level of April’s big rally, hitting $3,297, after briefly dipping below it.
Gold price is pressured by positive risk tone, modest USD uptick
President Donald Trump announced on Wednesday that the United States has struck a trade agreement with Vietnam. The US will impose a lower, 20% tariff on goods imported from the Southeast Asian nation, and the deal will give the US tariff-free access to Vietnam’s markets.