GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading Ideas

Apr 26

Midterm forecast:

• 2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  

GOLD XAUUSD
Technical analysis:

• A trough is formed in daily chart at 2956.50 on 04/07/2025, so more gains to resistance(s) 3357.00, 3500.00 and more heights is expected.
  

Take Profits:

1. 2833.00
   
2. 2879.11
   
3. 2955.00
   
4. 3057.40
   
5. 3160.00
   
6. 3257.03
   
7. 3357.00
   
8. 3500.00
   

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Be sure to leave a comment; let us know how you see this opportunity and forecast.

Have a successful week,
ForecastCity Support Team

May 5

Trade active

As you can see, and as the 4CastMachine forecasted, the price entered the buy zone and is rising toward TPs.