Gold price forecast: Gold spot/US Dollar faces rejection at 1 (100%) arc

Mohamad Gharib Independent Analyst

Gold spot/US Dollar: Arc cycle analysis

Overview: Based on Arc Cycle Analysis applied to the 4h chart, Gold Spot/US Dollar is interacting with the 1 (100%) Resistance Arc within the current Arc Cycle. Bullish momentum has faded near this boundary, indicating that the upper Arc continues to cap upside expansion.

Market outlook

Price remains centered around the 100% Arc, indicating that the market has not yet established a directional bias within the current Arc Cycle. The preferred approach is to await confirmation before anticipating the next significant move.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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