Technical analysis
XAU/USD – Price Analysis and Forecast: The Technical Picture Has Shifted in Favor of the Bulls
Gold (XAU/USD) is trading with a
The premium article will be available in00:00:00
05.08.2026 01:24 PM
Gold (XAU/USD) is trading with a strong bullish bias today, approaching the upper boundary of its monthly trading range.From a technical perspective, the intraday breakout above the 200-period Exponential Moving Average (EMA) on the 4-hour chart supports a bullish outlook. In addition, momentum indicators remain in positive territory, confirming that buyers retain the upper hand. Although the Relative Strength Index (RSI) continues to point to sustained bullish momentum, it has approached overbought territory, suggesting that a period of consolidation or
Fresh articles are available only to premium users
Read analytics in early access, getting information first
