Gold
BullishArchived analysis from Aug 19, 2026, 3:35 AM
Key insight
4,353 holds as equities fade — gold diverging positively from risk assets. Next resistance at all-time highs near 4,400; a daily close above flips target to 4,500 psychological level.
Holds $4,353 with +0.44% gain as equities slip — safe-haven bid intact; USD soft (EUR/USD 1.1583) and real yields capped, keeping gold's structural uptrend in force.
Main risk
USD / real yield reversal
USD/JPY 159.4 shows dollar still elevated vs JPY; any USD broad rally on hawkish Fed commentary could push gold back to 4,280 support fast.
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