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12.08.202618:03 Analisis Forex & Kajian: Trading Signals for XAU/USD on August 12-14, 2026: sell below 4,440 (21 SMA - 4/8 Murray)

Relevance up to 12:00 2026-08-26 UTC--4

Exchange Rates 12.08.2026 analysis

Gold is trading around $4,420, showing signs of exhaustion in its upward momentum and consolidating below this strong resistance level at $4,438.

Gold could undergo a sharp technical correction in the coming days, and we could expect it to reach the 4/8 Murray level around $4,375. A decisive break below this area could accelerate the decline, potentially reaching the 3/8 Murray level around $4,218. Ultimately, we could expect it to reach the 200 EMA around $4,176.

During Tuesday's US trading session, gold managed to rebound above the 4/8 Murray level, which provided it with strong upward momentum. However, XAU is currently showing overbought conditions, so we expect the upward momentum to wane or the consolidation around this zone.

Given that there is strong resistance around $4,436, and we could expect a double-top pattern to form, both levels could present an opportunity to sell below this zone.

Given that the Eagle indicator has reached the 90-point zone—which suggests a technical correction in the coming days—we should exercise caution when buying, as the best option might be to sell below $4,440 with a stop-loss above $4,470.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
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