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GOLD – Technical Analysis – 4h

August 26, 2025 07:03

Quick Summary

The gold Futures chart indicates a notable shift in market sentiment with recent bullish patterns emerging. A recovery from earlier bearish trends suggests increasing buying interest. Technical indicators support this sentiment with confirmed breakouts above resistance levels.

Candlestick Analysis

A bullish engulfing pattern is observed, signaling a potential reversal after earlier bearish trends.

A doji pattern appears, indicating market indecision following the recent uptrend.

The trend has evolved from bearish to bullish, with a breakout above 3400 highlighting increased buying interest.

MACD Analysis

A bullish crossover is evident as the MACD line surpasses the Signal line, reflecting positive momentum.

The steadily growing MACD histogram indicates strengthening upward momentum.

No notable divergences between MACD and price action align with the bullish sentiment.

Volume Analysis

A significant volume spike accompanies the bullish activity, highlighting strong buyer interest.

Increased volume supports the breakout above resistance levels, validating the price movement.

High volume during the upward move post-21st indicates significant buyer confidence.

Support & Resistance

Support is observed around 3350, where price previously consolidated.

Resistance at 3400 has been breached, suggesting potential for further upside.

Continued volume support is crucial for maintaining the upward trajectory.

Actionable Insights

A buying opportunity exists if the price remains above 3400 with sustained high volume.

Monitor for confirmation of continued bullish momentum, staying above 3400.

Consider selling if the price fails to maintain above 3400 or a bearish MACD crossover occurs.

The AI Technical Analysis Center is an informational tool only and does not constitute investment or trading advice.
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