GOLD (XAUUSD) | Technical & Fundamental Outlook
Gold remains under pressure below 4700, as markets weigh conflicting signals between ceasefire negotiations and renewed geopolitical threats.
Despite ongoing talks for a potential 45-day ceasefire, uncertainty remains elevated after fresh warnings from President Trump and continued strikes across the region.
Gold has struggled to act as a safe haven, pressured by rising yields, inflation concerns, and forced liquidations, keeping the broader structure unstable.
Technically:
The market is attempting to build a bullish recovery after stabilizing above the 4665 level.
As long as price remains above 4665 – 4680, the upside is expected toward 4711 → 4730, and a break above this zone could extend the move toward 4790
However, a confirmed 15m or 1H close below 4665 would trigger bearish liquidity toward 4604
Key Levels:
Pivot Zone: 4650 – 4680
Support: 4604 – 4584 – 4545
Resistance: 4711 – 4730 – 4790