22.05.202617:58 Forex Analysis & Reviews: Trading Signals for XAU/USD on May 22-25, 2026: buy above $4,530 (21 SMA - symmetrical triangle)

Relevance up to 11:00 UTC--4

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

XAU/USD is trading around $4,523 within the ascending trend channel formed on the H1 chart. We could expect a technical bounce so that the price could reach the 200 EMA around $4,572.

According to the H1 chart, gold is overbought, so it may have difficulty rising above $4,530 in the coming hours, as the 21 SMA could exert downward pressure.

Gold is likely to return to $4,500 or even $4,580 if the downward pressure continues, potentially reaching the low of May 19th around $4,453.

We observe the formation of a symmetrical triangle pattern on the H1 chart. The instrument is expected to oscillate within this pattern in the coming hours, and we foresee consolidation within this area. Only a decisive break above $4,530 would be a bullish buy signal.

Conversely, a drop below $4,490 could lead to consolidation and a potential fall to $4,453.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.