Gold (XAU/USD) continues its remarkable bullish run in 2025, driven by persistent geopolitical tensions, central bank buying, a weakening US dollar, and expectations of further Federal Reserve rate cuts. As of today, the spot price stands at approximately $3,685 per ounce, marking a 1.06% increase from the previous day and a staggering 40.47% year-over-year gain. This follows a 26% rise in the first half of the year and nearly 41% year-to-date, with the metal recently touching an all-time high near $3,707 earlier this month. The market remains in a structural uptrend, though short-term volatility—exacerbated by the recent FOMC meeting—has led to some profit-taking and consolidation.
Technical Analysis
Gold's chart on the daily and H1 timeframes shows a bullish bias, with the price trading above key moving averages (50-day MA at $3,520 and 200-day MA at $3,200). The recent pullback from $3,707 appears corrective, testing demand zones around $3,638-$3,644 where buyers stepped in aggressively.Key Support Levels:Immediate: $3,644–$3,638 (recent demand zone; strong buying interest here).
Long term Support and resistance
Support : $3,525–$3,580
Key Resistance Levels: $3,900 - $4,000
Trend Bullish
~~ Disclaimer ~~
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
# Boost and comment will be highly appreciated.
Technical Analysis
Gold's chart on the daily and H1 timeframes shows a bullish bias, with the price trading above key moving averages (50-day MA at $3,520 and 200-day MA at $3,200). The recent pullback from $3,707 appears corrective, testing demand zones around $3,638-$3,644 where buyers stepped in aggressively.Key Support Levels:Immediate: $3,644–$3,638 (recent demand zone; strong buying interest here).
Long term Support and resistance
Support : $3,525–$3,580
Key Resistance Levels: $3,900 - $4,000
Trend Bullish
~~ Disclaimer ~~
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
# Boost and comment will be highly appreciated.
renderwithme
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renderwithme
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.