Gold prices witnessed a sharp rally during Thursday’s early Asian trading session, climbing above the important $4,050 level as investors reacted to the latest US midterm election results. The precious metal rose more than 3.60%, marking its strongest daily gain since mid-August.
XAU/USD
XAU/USD Gold Price Forecast: $4,100 Support in Focus
Gold price (XAU/USD) remains under pressure in the early European trading session on Wednesday. The precious metal is struggling below the $4,150 level after falling close to the $4,100 area in the previous session.
XAU/USD Gold Price Analysis: $4,280 Support & $5,400 Target
Gold (XAU/USD) is showing a bullish structure on the daily chart, even after the recent pullback from the $4,600–$4,700 zone. The chart dated September 2, 2026 shows gold trading around $4,323.97, with an important support area near $4,280.
Gold Price Forecast Today: XAU/USD Struggles to Hold Above $5,000 for Third Day
Gold Price Forecast Today: Gold prices are facing strong resistance near the $5,000 level as XAU/USD fails to sustain gains above this mark for the third consecutive day. Despite positive global cues and safe-haven demand, gold bulls are finding it difficult to push prices higher.
Gold Weekly Trading Plan: XAU/USD Buy Above 4,427, Targets $5,010
Gold Weekly Trading Plan: XAU/USD may see selling if price slips below 4,427. Above this level, traders can consider buy positions with targets from $4,520 to $5,010.