Gold Spot/US Dollar pressing against 0.5 arc – Potential breakout toward 4,277

Mohamad Gharib Independent Analyst

XAU/USD: Arc cycle analysis™

Overview: Based on Arc Cycle Analysis applied to the 2h chart, Gold Spot / U.S. Dollar is interacting with the 0.5 Resistance Arc within the current Arc Cycle. Price is pushing against this Resistance Arc, suggesting the potential for a breakout toward the next Resistance Arc at 0.618.

Market outlook

Price is pressing against the 0.5 Resistance Arc, where continued buying pressure could result in a breakout toward the next Resistance Arc. A sustained breakout above the 0.5 Arc would support continued movement toward the 0.618 Arc at 4,277.

Conversely, a sustained 2h close below 4,143 would invalidate the bullish scenario and could shift the outlook back toward the 0.382 Support Arc.

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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