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XAU/USD. Price Analysis and Forecast
From a technical perspective, the market
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From a technical perspective, the market is showing signs of consolidation: the technical pattern indicates the need for confirmation of sustained buying momentum before one can confidently speak about the formation of a local bottom near the 200-day SMA—the lowest levels since November 2025, recorded earlier this month.Gold's price movement last week can be interpreted as a bearish consolidation phase following a break below the 100-day simple moving average (SMA). However, a strong rebound from the strategically important support near
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Irina Yanina,
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