Tue, 26 Aug 2025 08:20:04 GMT
XAU/USD Technical analysis
Gold is forming a bullish ascending triangle pattern, defined by a strong horizontal resistance ceiling at 3372.26 and a rising trendline creating higher lows.
The price is trading firmly above the 24 and 100-period Simple Moving Averages, which have recently made a bullish crossover, and the Relative Strength Index (RSI) is in bullish territory above 50. Currently, the price is