Major technical signals for Gold! Gold prices have broken through all key resistance levels. How to Trade Gold with significant data approaching?

On Friday morning in the European market, spot Gold remained stable, with the current price around $2656 per ounce. FXStreet Senior Analyst Dhwani Mehta pointed out that Gold is buoyed by geopolitical challenges and a bullish Relative Strength Index (RSI) on the daily chart, and the price has now broken through all key resistance levels.

FX16816:24

A major market movement is imminent! Be alert to today's significant event that could trigger intense volatility in the Euro, British Pound, Japanese Yen, and Gold trading analysis.

On Friday morning in the European market, the USD maintained a moderate downward trend, currently around 109.10; spot Gold is near 2655 dollars per ounce. This trading day, investors will pay attention to the USA ISM manufacturing PMI, which is the most important economic data from the USA this week and is expected to trigger significant market fluctuations.

FX16815:58

Gold's Rally Tested By Overhead Resistance

Business Today15:35

The technical aspect of Gold has undergone a "dramatic change"! Renowned Institutions: Gold prices are expected to soar by about 40 dollars.

On Friday, in the Asian market's late trading, spot Gold maintained a strong trend after yesterday's surge, with the price currently around $2,660 per ounce. According to Economies.com, Gold prices have completed the formation of a Call technical pattern, which opens up room for further increases in prices, with the first target set at $2,700.00 per ounce.

FX16814:29

Israeli airstrikes have resulted in at least 68 deaths! How will gold prices move after surging? Chief Analyst's analysis of the technical outlook for Gold.

On Friday during the Asian market, spot Gold continued its upward trend after a surge yesterday, and the price is currently around $2663 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold prices will likely reach an overbought state soon, but buyers are unlikely to give up. The price of Gold is still expected to retest historical highs.

FX16811:52

2025 Gold Outlook: Three Bullish Factors, Double Tailwinds.

Large asset management companies expect that in the most optimistic scenario, Gold prices will reach at least the 3000 mark this year; even in the most pessimistic scenario, a key factor can help Gold find bottom support.

Golden10 Data07:43