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Gold (XAU/USD) Price Forecast: Bull Pennant Tightens – $4,245 Breakout Key
Gold pushed to a six-day high of $4,159 on Tuesday, producing the first full range above the 10-day average ($4,105) in eight sessions with a low at $4,110. The move occurred within a developing bull pennant (small triangle) consolidation at the upper end of the recent advance, resulting in muted follow-through and a narrow range day in progress. The daily high respected the long-term rising top channel line (blue) that has repeatedly capped moves. Just overhead, a separate downtrend line intersects a more recent top channel line (black), creating a tight resistance band that further defines the upper pennant ... (full story)
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From forex.com | Nov 25, 2025
Gold held its ground as oil prices tumbled, pushing the US dollar and Treasury yields lower with it. With growing optimism around Ukraine–Russia peace talks lifting expectations that restrictions on Moscow’s oil supply will be lifted, traders are evidently preparing for even lower oil prices. That in turn could ease inflation further, allowing the Fed and ...
Gold (XAU/USD) climbs over 0.14% on Tuesday after US economic data augmented speculation of a rate cut by the Federal Reserve (Fed) at the December 9-10 meeting. Also, falling US Treasury yields and a weaker US Dollar keep XAU/USD trading at $4,141 after hitting a daily low of $4,109. US inflation and Retail Sales have shown that rising prices seem to have ...
It continues to be very noisy during the trading session on Tuesday as we have gapped to the upside to kick things off. That being said, this is a market that continues to see a little bit of compression, and I think that does make quite a bit of sense. After all, we have to keep in mind that the Thursday session is Thanksgiving, so the futures market will ...
