fxs_header_sponsor_anchor

News

Gold Price Analysis: XAU/USD trades in three-week’s highs around $1650/oz

  • XAU/USD starts the week by beaking to three-week’s highs. 
  • The level to beat for bulls is the 1660 resistance. 
 

XAU/USD daily chart

 
Gold is trading in three-week’s highs while above its main DMA (daily simple moving average) suggesting that bulls remain in control of the market. 
 

XAU/USD four-hour chart

 
Gold is trading above the main SMAs while nearing the 1660 resistance as bulls would need a break above the above-mentioned level to extend the current bullish move which would introduce potential scope for an extension to the 1690/1700 resistance zone on the way up. On the flip side, support can be seen near the 1620, 1600 and 1570 levels. 
 

Additional key levels

XAU/USD

Overview
Today last price 1654.01
Today Daily Change 35.79
Today Daily Change % 2.21
Today daily open 1618.22
 
Trends
Daily SMA20 1582.5
Daily SMA50 1592.91
Daily SMA100 1548.81
Daily SMA200 1514.05
 
Levels
Previous Daily High 1626.17
Previous Daily Low 1606.62
Previous Weekly High 1636.13
Previous Weekly Low 1568.46
Previous Monthly High 1703.27
Previous Monthly Low 1451.3
Daily Fibonacci 38.2% 1618.7
Daily Fibonacci 61.8% 1614.09
Daily Pivot Point S1 1607.84
Daily Pivot Point S2 1597.45
Daily Pivot Point S3 1588.29
Daily Pivot Point R1 1627.39
Daily Pivot Point R2 1636.55
Daily Pivot Point R3 1646.94

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2026 FOREXSTREET S.L., All rights reserved.