Gold Price News and Forecast: Gold room for extra upside

FXStreet Team FXStreet

Gold Price Analysis: Edges lower to test 100-hour SMA support, around $1765 area

Gold extended its subdued/range-bound trading action for the second straight session on Tuesday, forming a rectangle on short-term charts.

A rectangle is usually considered as a continuation pattern that marks a brief pause in the trend (bullish in this case), though sometimes might point to significant tops. Nevertheless, the pattern is not complete until a breakout has occurred. Read more...

Gold Futures: Room for extra upside

In light of flash data for Gold futures markets from CME Group, open interest extended the uptrend and rose by around 2.1K contracts. Volume, instead, prolonged the choppy activity and shrunk by around 72.3K contracts. Read more...

Gold eyes biggest quarterly price gain since 2016

Gold looks set to end the second quarter with double-digit price gains.

The yellow metal is currently trading at $1,770 per ounce, representing a 12.4% rally on a quarter-to-date basis. That is the biggest quarterly gain since the first three months of 2016 when prices rose by 16.11%. Read more...

XAU/USD

Overview
Today last price	1765.92
Today Daily Change	-6.64
Today Daily Change %	-0.37
Today daily open	1772.56

Trends
Daily SMA20	1733.7
Daily SMA50	1723.64
Daily SMA100	1670
Daily SMA200	1588.06

Levels
Previous Daily High	1776.13
Previous Daily Low	1765.8
Previous Weekly High	1779.41
Previous Weekly Low	1742.97
Previous Monthly High	1765.38
Previous Monthly Low	1670.72
Daily Fibonacci 38.2%	1772.18
Daily Fibonacci 61.8%	1769.75
Daily Pivot Point S1	1766.86
Daily Pivot Point S2	1761.17
Daily Pivot Point S3	1756.53
Daily Pivot Point R1	1777.19
Daily Pivot Point R2	1781.83
Daily Pivot Point R3	1787.52

Author

FXStreet Team

FXStreet

EUR/USD retreats below 1.1800 following earlier rebound

EUR/USD loses its recovery momentum and trades little-changed on the day below 1.1300 in the second half of the day on Wednesday. The modest improvement seen in risk mood limits the US Dollar's gains and allows the pair to hold its ground.

GBP/USD clings to small gains above 1.3500

GBP/USD is posting moderate gains above 1.3500 on Wednesday. The pair edges higher as the US Dollar meets fresh supply amid a modest improvement seen in risk sentiment following US President Donald Trump’s first State of the Union address.

Gold rises toward $5,200, supported by geopolitics and trade jitters

Gold buyers are back in the game, eyeing $5,200 and beyonf on Wednesday after seeing a correction from monthly highs on Tuesday. The US Dollar slips after Trump’s SOTU fails to impress and as AI-driven worries ease. Dovish Fed bets also weigh. Gold looks north so long as the key 61.8% Fibo resistance at $5,142 holds on the daily chart.

Bitcoin, Ethereum and Ripple post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week. BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.

Nvidia remains at the heart of the AI boom

Nvidia remains at the heart of the AI boom, with Q4 revenue projected near $65.6–66.1 billion, nearly 70% higher year-over-year. But investors are watching cash flow, leverage, and broader AI adoption. Growth is strong, but the AI stress isn’t over.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.