-
Gold Wave Analysis – 8 October 2025
Gold recently broke the resistance area between the round resistance level 4000.00 and the resistance trendline of the sharp daily up channel from August. The breakout of this resistance area accelerated the active short-term impulse wave 5 of the intermediate impulse wave (3) from May. Given the overriding daily uptrend, Gold can be expected to rise to the next resistance level 4100.00 (target for the completion of the active impulse wave). – Gold broke round resistance level 4000.00 – Likely to rise to resistance level 4100.00
- Comments / Top
- Subscribe
-
Related Stories
From goldpriceforecast.com | Oct 8, 2025
Gold’s up, yet miners pause after an initial move up and reverse on an intraday basis. Once again. charts Gold price clearly moved higher today, and while miners and silver moved higher as well, mining stocks failed to move to new highs. It’s all happening while the USD Index is reaching its highest values since mid-August. charts The rally is not yet ...
Carter Worth, Worth Charting, joins 'Fast Money' to talk technicals on gold's massive run higher.
From fxstreet.com | Oct 8, 2025
Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold. French political crisis prompted after Prime Minister ...
