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Weekly forecast Gold technical chart
Symbol XAUUSD
Trade Setup

#XAUUSD
Total Profit: 509987 point
Closed trade(s): 213290 point Profit
Open trade(s): 296697 point Profit

Trade Setup:
We opened 12 BUY trades @ 1629.47 based on 'Hammer' entry method at 2022-11-03.

Closed Profit:
TP1 @ 1658.96 touched at 2022-11-04 with 2949 point Profit.
TP2 @ 1688.79 touched at 2022-11-08 with 5932 point Profit.
TP3 @ 1708.45 touched at 2022-11-08 with 7898 point Profit.
TP4 @ 1730.00 touched at 2022-11-10 with 10053 point Profit.
TP5 @ 1765.00 touched at 2022-11-11 with 13553 point Profit.
TP6 @ 1807.13 touched at 2022-12-05 with 17766 point Profit.
TP7 @ 1850.71 touched at 2023-01-04 with 22124 point Profit.
TP8 @ 1878.75 touched at 2023-01-09 with 24928 point Profit.
TP9 @ 1914.23 touched at 2023-01-13 with 28476 point Profit.
TP10 @ 1980.16 touched at 2023-03-17 with 35069 point Profit.
TP11 @ 2074.89 touched at 2023-05-04 with 44542 point Profit.
2949 + 5932 + 7898 + 10053 + 13553 + 17766 + 22124 + 24928 + 28476 + 35069 + 44542 = 213290 point

Open Profit:
Profit for one BUY trade is 4596.44(current price) - 1629.47(open price) = 296697 point
1 trade(s) still open, therefore total profit for open trade(s) is 296697 x 1 = 296697 point

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJanuary 17, 2026 - 12:45
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 4381.32 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 4381.32 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 4274.35 on 12/31/2025, so more gains to resistance(s) 4640.59, 4800.00, 4900.00 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 67.

Supports and Resistances:

  1. 3800.00
  2. 3707.35
  3. 3626.00
  4. 3500.00
  5. 3437.64
  6. 3247.94
  7. 3162.15
  8. 3050.00
  9. 2953.32
  10. 2879.11
  11. 2726.10
  12. 2657.88
  13. 2601.87
  14. 2532.10
  15. 2475.27
  16. 2380.00
  17. 2279.87
  18. 2219.63
  19. 2145.04
  20. 2087.89
Click on the level to view price action history.

Symbol Released Current Forecast
Gold (XAUUSD) Fri, 30 Oct 2026
Gold (XAUUSD) Sat, 24 Oct 2026
Gold (XAUUSD) Sun, 18 Oct 2026
Gold (XAUUSD) Sat, 10 Oct 2026
Gold (XAUUSD) Sun, 4 Oct 2026