Gold
BullishArchived analysis from Aug 18, 2026, 3:32 AM
Key insight
$4,400 round-number resistance tested and slightly rejected — bulls need a daily close above to open $4,500 target; dip to $4,320 50-day MA is buy zone.
Holds $4,396 after record run past $4,400; structural bid from central bank buying and USD hedging demand intact despite mild 0.47% pullback.
Main risk
USD/JPY at 159.5 — yen carry unwind
Snap yen strengthening could force liquidation of gold carry-funded longs; watch 155.0 on USD/JPY as trigger level.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→