13.04.202620:33 Forex Analysis & Reviews: XAU/USD: Price Analysis and Forecast — Gold Lacks Momentum, Upward Potential Is Limited

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

From a technical perspective, on the daily chart, the XAU/USD pair is holding above the 100-day simple moving average (SMA), which is located at $4,685, and well above the 200-day SMA, which lies around $4,175. At the same time, it remains below the 50-day SMA, located near $4,895. This positioning keeps the overall trend neutral with a slight downward bias, as the price consolidates between these major levels.

Momentum indicators suggest a lack of clear direction: the Relative Strength Index is near the neutral line, confirming weak buyer confidence. The MACD indicator remains negative, with no change in the size of its histogram.

If gold rises above the 50-day moving average, it would indicate improving bullish momentum, with the $5,000–$5,200 level becoming the next resistance area.

On the other hand, failure to hold above the 100-day moving average would open the way toward support at $4,600, followed by $4,500, beyond which lies the 200-day moving average.

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.