Gold

Bullish

Archived analysis from Aug 17, 2026, 8:23 PM

Key insight

4,418 trades above the 2025 all-time high zone near 3,500 — an entirely new price regime. Next structural resistance is the round 4,500 level; a weekly close above it opens the path to 4,600.

4,417 holds above the 2026 breakout base near 4,300; silver's +1.7% outperformance confirms broad metals bid. USD/JPY at 159.5 keeps dollar pressure contained, supporting safe-haven and commodity demand.

Main risk

USD/JPY reversal above 160

Break above 160 USD/JPY would signal renewed dollar strength, pressuring gold below 4,300 and invalidating the current breakout structure.

With Pro

Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.

Get the app→

Go to the current Gold analysis →