Xauusd weekly chart
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold continues to test the mid-July all-time high at $2,484/oz. and is likely to do so again but slightly further out. The daily chart remains technically bullish - short-term higher lows and supportive simple moving averages – with initial support off the 20-dsma at $2,417/oz. followed by $2,400/oz. A break below $2,380/oz. would negate the short-term bullish outlook.
Gold confirm signal weekly chart
Gold continues to test the mid-July all-time high at $2,484/oz. and is likely to do so again but slightly further out. The daily chart remains technically bullish - short-term higher lows and supportive simple moving averages – with initial support off the 20-dsma at $2,417/oz. followed by $2,400/oz. A break below $2,380/oz. would negate the short-term bullish outlook.
Gold confirm signal weekly chart
Gold signal
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