GOLD Forecast

On April 17, 2025, technical analysis suggests a potential continuation of the upward trend in XAUUSD. One key indication is a rebound from the lower boundary of the ascending channel, supported by a test of the support line on the RSI, which often signals bullish momentum.

A short-term pullback toward the 3265 support zone may occur. If the price holds and bounces from this level, it could lead to a renewed upward move targeting the 3445 area.

A breakout above the resistance and a daily close above 3345 would further confirm bullish strength and support expectations for continued gains in the sessions ahead.

The bullish scenario would be invalidated if XAUUSD breaks below the 3205 level. Such a move would indicate a breach of the support area and could trigger a deeper decline toward 3085 or lower, shifting the trend to a bearish outlook.

In summary, while the current signals favor further growth in XAUUSD, maintaining support above 3205 is crucial. A drop below this level could mark a potential trend reversal.

Gold (XAUUSD) is currently showing signs of potential upward movement. The first signal supporting this outlook is a test of the support line on the RSI indicator, often suggesting a possible rebound. The second confirmation is a bounce off the lower boundary of the bullish channel, indicating strength in the current uptrend.

If the price breaks above resistance and holds above 3265, it would confirm bullish momentum, opening the path toward the 3335 level and beyond.

However, there's an alternative scenario. A drop below 3115 would invalidate the bullish outlook, signaling a possible continuation of the downtrend toward the 3045 zone.

In the short term, a minor pullback to the 3205 support area is possible, potentially offering a buying opportunity before the trend resumes upward.

📅 Date: 16 April 2025
🕐 Time Frame: Short- to Medium-Term

➡️ Key Levels:

• Support: 3205, 3115

• Resistance: 3265, 3335

Note: Watch for price action around RSI and these key levels — they will be crucial in determining the next direction for XAUUSD.

Gold (XAUUSD) remains firmly in a bullish trend, currently trading at $3,228.24. Price action continues to hold above all major moving averages (EMA and SMA on 1H and 4H charts), indicating strong market support and trend continuity. Short-term momentum remains positive, though indicators such as MACD and RSI suggest a possible slowdown or brief consolidation ahead.

On the 4H chart, momentum is still to the upside, but MACD signals are beginning to flatten, pointing to reduced bullish pressure. RSI and stochastic oscillators are neutral, showing that gold is not yet overbought, but the rally may be losing steam temporarily.

The current price hovers between the daily pivot ($3,146) and the first resistance level (R1) at $3,336. This suggests a slightly bullish intraday bias with potential for continued upside if resistance is broken. However, price action near the $3,330–$3,350 zone could face selling pressure, especially without a strong catalyst.

Support levels are found at $3,150 and $3,070, while resistance lies at $3,336 and the psychological barrier of $3,400. A breakout above $3,350 would likely trigger fresh bullish momentum, while failure to break this zone could lead to short-term consolidation or minor retracement.

Forecast: Cautiously bullish. While the broader trend remains upward, short-term technicals indicate a potential pause or correction before resumption. Key focus remains on price behavior near $3,330–$3,350. A sustained move above this range would open the door toward $3,400+ targets.

For the trading week of April 14–18, 2025, the outlook for XAUUSD remains bullish, supported by key technical indicators.

The first signal comes from a rebound off the trend line on the Relative Strength Index (RSI), suggesting continued buying momentum. The second confirmation is a bounce from the lower boundary of the ascending channel, reinforcing the potential for upward movement.

A drop below the 2925 level would invalidate this bullish scenario, signaling a breakdown of the current channel and opening the way for a decline toward the 2835 support area.

Currently, there is a chance of a brief correction toward 3035, which may act as support before the price resumes its climb. A breakout above the 3265 resistance level, especially on a daily close, would strongly confirm the bullish trend and set the stage for a potential move toward 3485.

As long as the price remains above 2925, the medium-term bias favors buyers. The RSI continues to support this view, indicating strength behind the upward trend and limited selling pressure.

However, if 2925 is breached, a deeper pullback could follow, with the next downside target seen below 2835.

Conversely, a fall in prices and a breakout of the 3055 level would invalidate this growth scenario. This would indicate a breakout of the support area and a continuation of the decline in value towards the level below 2975.

Acceleration of XAUUSD growth is expected upon a breakout of the resistance area and a price close above the 3155 level.

A possibility of a short-term downward price correction and a test of the support area around 3080 is also foreseen. Subsequently, the growth of the precious metal is expected to continue with a target above the 3245 level.

Invalidation of the gold price growth scenario would occur upon a fall in value on the markets and a breakout of the 3055 level. This would indicate a continuation of the decline in the price of gold with a potential target below the 2975 mark.

XAUUSD shows bullish potential, supported by a recent test of the broken trend line on the RSI. Another key indicator is the bounce from the upper edge of the Triangle pattern, hinting at upward momentum.

If the price manages to break above the 3065 resistance and close above it, this would confirm a breakout from the descending channel and likely push the price toward 3145.

However, a drop below 2955 would invalidate this bullish scenario. In that case, we could see the price dip further, targeting levels below 2905, confirming a shift to a bearish trend.

In the short term, a minor pullback to the 3015 support area may occur before any strong upward continuation. If that level holds, it may act as a launchpad for the next bullish move.

Keep an eye on how the market reacts near the key levels of 2955, 3015, and 3065—they will determine the next major direction.

A decline is indicated for XAUUSD, supported by a test of the descending trend line on the RSI. A further signal is a rebound from the resistance level on the price chart. An initial bullish correction towards the 3055 area is anticipated, followed by a continuation of the downward trend targeting 2915.

The bearish scenario will be invalidated by a strong breakout above the 3075 level, potentially leading to an upward movement towards 3135. An acceleration of the fall is expected if the support area is breached and the price closes below 2985.

April 9th, 2025, at 00:00 is a crucial time to monitor price action. A break below 2985 at this time would signal further decline, while a break above 3075 would suggest upward momentum.

A possible decline in XAUUSD is indicated by two key factors: a test of the trend line on the RSI and a rebound from resistance on the price chart.

If on 04/04/25, Gold breaks above 3165, the bearish outlook will be invalidated, signaling further growth toward 3205. However, if the support level of 3055 is broken, an acceleration of the downtrend is likely.

A short-term correction toward 3135 may occur before a further drop below 3015. If Gold surpasses 3165, a bullish breakout could push the price beyond 3205.

A key factor supporting the potential rise in XAUUSD prices is the test of the bullish trend line on the Relative Strength Index (RSI). An additional signal is the rebound from the lower boundary of the ascending channel.

• A bearish price correction and test of the support area near 3080 are expected.
• Continuation of the precious metal quotes growth with a target above 3215 is likely.
• An acceleration of the XAUUSD quotes fall is expected if the support level is broken and the price closes below 3165.

The scenario of gold price rise will be invalidated if the price falls and the 3045 level is breached. This will indicate a break of the support area and a continuation of the asset price fall to the area below the 2975 level.

• Invalidation of gold price rise: asset value fall and break of the 3045 level.
• Continuation of the gold price decline with a potential target below 2975.
• Analysis date: April 3, 2025.
• Analysis time: not specified.

XAUUSD is expected to rise. An additional confirming signal will be a test of the bullish trend line on the relative strength indicator (RSI). A rebound from the lower border of the ascending channel is also anticipated.

A bearish price correction and test of the support area near 3075 is expected. A continuation of the growth of metal quotes with a target above 3215 is likely.

The scenario of rising gold prices will be invalidated if the price falls and breaks the 3045 level. This will indicate a continuation of the decline in gold prices with a potential target below the 2985 mark. An acceleration of the XAUUSD quotes fall is possible if the support area is broken and the price closes below the 3135 level.

The key date to watch is April 2, 2025. In case of a break of the 3045 level, which acts as strong support, a further fall towards 2985 is expected. A test and rebound from the lower border of the ascending channel and a test of the bullish trend line on the RSI indicate further growth with a target above 3215.

In the short term, we expect a test of the support area around 3075, followed by a continuation of growth. If the price falls below 3135, it will be a sign of an accelerated fall.