Gold Price News and Forecast: XAU/USD may wake up and resume its rise

Yohay Elam FXStreet

Gold Price Analysis: Levels to watch as coronavirus panic grips markets

Gold has been trading around $1,650, stabilizing after several turbulent days that have sent the price of the precious metal to nearly $1.690 before a substantial correction.

Gold: Consolidation with the Eyes on New Highs

The Gold price backtracked on Tuesday after a volatile session driven by coronavirus worries and its impact on the global economy, which encouraged Gold's visit of the 2013's highs, at $1,683.38 per ounce.

XAU/USD

Overview
Today last price	1643.56
Today Daily Change	-16.12
Today Daily Change %	-0.97
Today daily open	1659.68

Trends
Daily SMA20	1586.17
Daily SMA50	1554.59
Daily SMA100	1516.85
Daily SMA200	1476.29

Levels
Previous Daily High	1689.4
Previous Daily Low	1643.52
Previous Weekly High	1649.32
Previous Weekly Low	1578.88
Previous Monthly High	1611.53
Previous Monthly Low	1517.1
Daily Fibonacci 38.2%	1671.87
Daily Fibonacci 61.8%	1661.05
Daily Pivot Point S1	1639
Daily Pivot Point S2	1618.32
Daily Pivot Point S3	1593.12
Daily Pivot Point R1	1684.88
Daily Pivot Point R2	1710.08
Daily Pivot Point R3	1730.76

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

GBP/USD dips below 1.3350 as USD demand surges

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EUR/USD drops toward 1.1350 post ECB decision

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Gold trims gains, dips to $4,050

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XRP Price Forecast: XRP trades sideways as Ripple targets 10 million agentic AI transactions

Ripple (XRP) is losing momentum on Thursday, albeit gradually, trading above $1.13. The remittance token tagged a weekly high of $1.16 on Tuesday, with gains mainly attributed to developments on the United States (US) Clarity Act and recent signs that inflation is easing in the world’s largest economy.

Bitcoin falls as surging Oil prices revive inflation concerns

Bitcoin extends its correction, trading below $65,800 after a modest decline in the previous day. Despite BTC’s fading strength, US-listed spot Bitcoin Exchange Traded Funds continued to attract institutional inflows on Wednesday, marking the seventh consecutive day of gains.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.