13.07.202607:32 Forex Analysis & Reviews: Trading Signals for XAU/USD on July 13-15, 2026: buy above $4,050 (GAP - 2/8 Murray)

Relevance up to 01:00 2026-07-27 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.

Gold is trading around $4,058.84 within the uptrend channel formed since June 26 and is rebounding after reaching the lower band of the uptrend channel. Therefore, we believe that if XAU/USD consolidates above the 2/8 Murray level in the coming hours, a technical rebound could occur.

Looking at the H4 chart, we can see that gold left a gap between Friday's close and the opening of trading this week. Therefore, we believe that in the coming days, gold could return to the $4,100 and $4,124 levels and close the gap.

On the H4 chart, we can also see that gold has tested the lower band of the uptrend channel; if it consolidates within this channel and above the 2/8 Murray level in the coming hours, the outlook could be positive, and we could expect it to return toward $4,099.

A break above the 21 SMA could signal a positive outlook for gold, and we could expect it to reach the 200 EMA around $4,223 in the coming days—and it might even reach the 3/8 Murray level around $4,218.

Conversely, a drop below $4,050 could lead to a pullback toward the July 8 low or even the psychological level of $4,000.

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.