Categories: Technical analysis

Gold Wave Analysis – 26 August 2025

Gold: ⬆️ Buy

– Gold reversed from the key support level 3315.00

– Likely to rise to resistance level 3450.00

Gold recently reversed up from the key support level 3315.00, intersecting with the support trendline of the daily Triangle from April.

The upward reversal from the support level 3315.continues the active short-term impulse wave iii of the higher order impulse waves 3 and (5), from May.

Given the clear daily uptrend, Gold can be expected to rise to the next resistance level of 3450.00 (the former monthly high from July).

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.

Share
Published by
The FxPro Tech Analysis Team
Tags: gold

Recent Posts

AUDUSD Wave Analysis – 24 December 2025

AUDUSD: ⬆️ Buy - AUDUSD broke key resistance level 0.6690 - Likely to rise to…

2 days ago

Tron Wave Analysis – 24 December 2025

Tron: ⬇️ Sell - Tron reversed from resistance zone - Likely to fall to support…

2 days ago

Stellar Wave Analysis – 24 December 2025

Stellar: ⬇️ Sell - Stellar reversed from pivotal resistance level 0.2200 - Likely to fall…

2 days ago

USDCHF Wave Analysis – 24 December 2025

USDCHF: ⬇️ Sell - USDCHF broke support level 0.7885 - Likely to fall to support…

2 days ago

Precious metals rewarded for success

The US dollar is falling as a safe-haven asset amid growing risk appetite. Gold is…

2 days ago

Crypto market: the punchline is coming soon

Market Overview The crypto market cap declined 1.7% over the past day and 15% or…

2 days ago

This website uses cookies