🔴 Secondly — Comprehensive analysis of the gold market XAU/USD (Latest figures + forecasts)⏩
📌 Current figures⏩
🔹 Gold rose sharply this morning to levels close to $4,992 per ounce
after a new wave of rise.
🔹 Gold futures are at about $5,009 per ounce in U.S. trading.
🔹 Main reason: Escalating geopolitical tensions and increased investor demand for safe havens.
🧠 What’s happening in the market? Now ⏩
✔ Gold regains upward momentum after previously being affected by a strong dollar and weak interest rate cut expectations.
✔ Investors have started to shift their portfolios towards safe assets due to inflation expectations and global uncertainty.
✔ Other metals like silver and platinum have also made strong gains.
🔎 Technical reading of the market now⏩
📌 Key support point: around $4,855 per ounce — if gold maintains this support, the upward momentum will remain.
📌 Important technical resistance: near $5,120 — $5,500; if these levels are broken, we expect the possibility of a stronger upward wave.
📌 Bearish scenario: Breaking $4,800 may open the door for a correction towards lower areas like $4,500.
📊 The most influential factors now ⏩
1️⃣ Inflation and U.S. economic data — any strong rise in inflation data may support gold as a hedge.
2️⃣ Central bank policies — cutting interest rates or signaling a cut supports gold, while continued tightening may pressure it.
3️⃣ Global and geopolitical tensions — often drive investors towards gold as a safe haven.
4️⃣ The position of the U.S. dollar and real bond yields — a strong dollar usually puts pressure on gold.
🔮 Short and medium-term forecasts for gold ⏩
✔ Short-term (days to weeks):
Expect renewed upward movement with tests of key resistances.
Any strong economic data may give an additional boost to prices.
✔ Medium-term (months):
In case of continued uncertainty in inflation and geopolitical issues, gold may aim to break $5,400 and more according to some institutional forecasts.
This content is for educational and informational purposes only and does not constitute financial or investment advice.
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