27 Oct 2025
📊 Gold Prices Forecast – Technical Analysis (XAU/USD)
Gold is currently trading near $4,080, consolidating below its 50-EMA ($4,134) after a pullback from the recent $4,378 high. The metal is in a short-term correction phase within a broader uptrend that began in early October.
On the 4-hour chart, gold continues to face resistance near the midline of a rising channel, which it slipped below last week.
⚙️ Technical Outlook:
Momentum: RSI hovers around 43, signaling neutral-to-bearish pressure.
Bullish Scenario: A confirmed close above $4,163 could spark renewed buying momentum, targeting $4,270 and $4,378.
Bearish Scenario: A break below $3,953 may expose gold to deeper losses toward $3,835.
💡 Summary:
Gold remains in consolidation mode — stabilizing after recent highs. A clear breakout above resistance is needed for bulls to regain control, while failure to hold above $4,000 could invite further selling pressure.
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