Categories: Technical analysis

Gold Wave Analysis – 15 September 2025

Gold: ⬆️ Buy

– Gold broke resistance area

– Likely to rise to resistance levels 3700.00 and 3800.00

Gold recently broke the resistance area between the key resistance level 3500.00 (which stopped the sharp impulse wave 1 in April) and the resistance trendline of the daily up channel from May.

The breakout of this resistance area accelerated the active impulse wave iii of the medium-term impulse wave 3 from the start of May.

Given the clear daily uptrend, Gold can be expected to rise to the next resistance level 3700.00 – followed by 3800.00 (target for the completion of the active impulse wave 3).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: gold

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