XAU/USD Outlook: Gold Prices Poised for 7th Straight Weekly Win

XAU/USD Outlook: Gold Prices Poised for 7th Straight Weekly Win

Gold prices (XAU/USD) trades in a tight range around $3,860 during the European trading session on Friday, slightly below the alltime high around $3,900 posted on Thursday. The precious metal trades broadly firm as the partial closure of the UnitedStates (US) government and weakening job market conditions have increased hopes of more interest rate cuts by the Federal Reserve (Fed) in the remaining two policy meetings this year.

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Gold Spot Price Technical Analysis [29-09-2025]

Gold Spot Price Technical Analysis

Gold Spot Price Technical Analysis [29-09-2025] – Based on the chart, the gold (XAU/USD) daily chart shows an ascending triangle pattern, which is generally considered a bullish signal. The price is currently near a breakout level around 3435.06, with a potential target near 3900.00 if the upward trend continues. The RSI (14) at 74.53 suggests the asset is in overbought territory, which could indicate a potential pullback or consolidation.

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Spot Gold Trading Plan – Insights and Strategy By Neal Bhai

XAU/USD Outlook: Gold Prices Poised for 7th Straight Weekly Win

Spot Gold Trading Plan: Gold (XAUUSD) trading continues to attract attention with its ability to weather economic uncertainties. As stagflation looms, the Federal Reserve is expected to cut interest rates, and geopolitical risks remain high, gold prices are likely to soar. In this article, we’ll explore the current trend and levels to watch for a profitable spot gold trading strategy.

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XAUUSD Technical Analysis – Neal Bhai (29 August 2025)

XAUUSD Technical Analysis

XAUUSD Technical Analysis August 29, 2025 12:35 PM By Neal Bhai: XAUUSD upside impulse now picks up pace on Thursday, lifting the yellow metal to new five-week highs around the $3,423 mark per troy ounce. Indeed, the precious metal gathers extra steam bolstered by intense weakness in the Greenback, mixed US yields, and incresaing bets of a rate cut by the Fed in September 2025.

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