On May 18, 2026, spot gold (XAU/USD) was quoted near $4,545.28 per ounce, edging 0.10% higher in sideways action. On the 2H chart, gold printed a bullish hammer signal after testing the black trendline drawn from early-May lows around $4,351 and the green horizontal price zone ranging from $4,510 to $4,540. Above it, the blue dynamic MA support ranges from $4,644 to $4,672. The red dynamic MA overhead ranges between $4,773 and $4,868. Price has retraced inside the parallel ascending channel and established higher lows. The green leg in April pushed the price above the 0.618 Fib level before the recent flag ... (full story)