06.07.202612:10 Forex Analysis & Reviews: XAU/USD Price Analysis and Forecast: Gold May Accelerate Its Corrective Decline

Rilevanza fino a 05:00 2026-07-07 UTC--4

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

On the 4-hour chart of XAU/USD, Friday's breakout above the 100-period Simple Moving Average (SMA) was a key bullish signal. Technical indicators such as the Relative Strength Index (RSI) at around 63 and a positive MACD reading confirm that upward momentum remains in place despite the current consolidation phase.

If the price falls below the 100-period SMA near $4,144, initial support may be found around the 14-period EMA at approximately $4,132, followed by $4,122, and then the psychological level of $4,100. A break below this level could open the way toward lower targets, including the July low at $3,940.

Immediate resistance is located at the psychological level of $4,200, followed by $4,216. Key resistance is seen at $4,265, where the 200-period EMA is located, and at $4,295, where the 200-period SMA is positioned. A higher bullish extension zone is defined around $4,500 and $4,630, where the 100-day SMA is located. Beyond that, bulls may retest the April high near the psychological level of $4,900.

However, it is important to note that on the daily chart, oscillators have not yet moved into positive territory, indicating that bears still retain the advantage. Therefore, bulls should wait for U.S. economic data releases, including the ISM Services PMI. In addition, speeches from influential FOMC members may support U.S. dollar demand during the North American session, potentially providing new momentum for the precious metal.

All`elenco degli articoli

Apri un conto di trading

Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.