$XAU .XAU/USD — Aug 12, 2026
Price: ~$4,395/oz (up slightly, +0.14% intraday) after touching a high near $4,435 and low near $4,357 in the past 24h. Previous close: $4,368.
Key levels:
Resistance: $4,389 (100-day SMA) → $4,400 psychological → $4,498 (200-day SMA)
Support: $4,300–4,315 (daily fair value gap) → $4,148 (50-day SMA) → $4,100
52-week range: $3,311 – $5,595 (all-time high $5,602 hit Jan 29, 2026).
picture: Gold retains a bullish near-term bias, holding above the 50-day SMA while pressing into resistance at the 100-day SMA (FXStreet) . RSI near 66 leans toward overbought, and ADX just below 30 suggests the trend is still directional but moderating (FXStreet) — so upside momentum is intact but could stall near current highs.
Fundamental drivers today: gold is registering modest losses on a firmer US Dollar as traders await key US inflation data (CPI/PPI), plus possible reopening of the Strait of Hormuz (FXStreet) . Markets are also pricing roughly even odds on the Fed's September rate decision, which is capping enthusiasm.
Bias: Consolidation/range-bound likely into this week's CPI print, with a mild.
bullish lean above $4,300–4,315 support. A clean break above $4,400 opens the path to $4,500; a break below $4,150 would signal a deeper pullback.
#XAUUSD .
Price: ~$4,395/oz (up slightly, +0.14% intraday) after touching a high near $4,435 and low near $4,357 in the past 24h. Previous close: $4,368.
Key levels:
Resistance: $4,389 (100-day SMA) → $4,400 psychological → $4,498 (200-day SMA)
Support: $4,300–4,315 (daily fair value gap) → $4,148 (50-day SMA) → $4,100
52-week range: $3,311 – $5,595 (all-time high $5,602 hit Jan 29, 2026).
picture: Gold retains a bullish near-term bias, holding above the 50-day SMA while pressing into resistance at the 100-day SMA (FXStreet) . RSI near 66 leans toward overbought, and ADX just below 30 suggests the trend is still directional but moderating (FXStreet) — so upside momentum is intact but could stall near current highs.
Fundamental drivers today: gold is registering modest losses on a firmer US Dollar as traders await key US inflation data (CPI/PPI), plus possible reopening of the Strait of Hormuz (FXStreet) . Markets are also pricing roughly even odds on the Fed's September rate decision, which is capping enthusiasm.
Bias: Consolidation/range-bound likely into this week's CPI print, with a mild.
bullish lean above $4,300–4,315 support. A clean break above $4,400 opens the path to $4,500; a break below $4,150 would signal a deeper pullback.
#XAUUSD .