Gold

Bullish

Archived analysis from Sep 18, 2026, 3:34 AM

Key insight

$4,337 consolidates inside a 3-week range just below ATH. Break above $4,380 round resistance opens $4,500; failure below $4,250 50-day MA flips trend short-term bearish.

Holds $4,337 near all-time highs with USD soft (EUR/USD 1.1484) and real yields under pressure — structural bid intact despite flat 24h print.

Main risk

USD/JPY Reversal Risk

USD/JPY 156.9 and rising — a sharp yen rebound or BOJ surprise tightening could lift real yields and pressure gold below $4,250 support.

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