empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

14.07.202611:26 Forex Analysis & Reviews: XAU/USD Price Analysis and Forecast: Gold Bulls Show Hesitation

Relevancia 05:00 2026-07-15 UTC--4

Exchange Rates 14.07.2026 analysis

Gold (XAU/USD) is attempting to recover and continues to trade near the two-week low reached earlier on Tuesday. Nevertheless, during the first half of the European session, the precious metal maintains a positive tone, holding above the psychologically important $4,000 level. However, it remains vulnerable to further downside, with a potential retest of the yearly low around $3,940, recorded on June 30.

From a technical perspective, gold continues to trade well below the 200-day Simple Moving Average (SMA), maintaining a bearish outlook within a descending channel. At the same time, the MACD histogram has narrowed slightly, indicating weakening bearish momentum. However, the Relative Strength Index (RSI) remains around 39, below the neutral level, confirming that the current recovery remains fragile and does not yet signal a confirmed bullish reversal.

Accordingly, any further upside is likely to encounter selling pressure and remain limited to the $4,100 level. A sustained breakout above this level could trigger additional gains driven by short covering, sending the price toward resistance at the 200-day Exponential Moving Average (EMA), located around $4,220. More sustained buying would pave the way toward the key resistance provided by the 200-day SMA near $4,500, a break above which would weaken the bearish outlook.

On the other hand, key support is located near the yearly low at $3,940. A decisive move back to this area followed by a break below it would open the way for a deeper decline.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Irina Yanina,
Analytical expert of InstaSpot
© 2007-2026
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.