Gold

Bullish

Archived analysis from Sep 18, 2026, 1:27 PM

Key insight

4,371 trades above all major MAs; silver's +2.1% surge confirms metals rotation. Next structural resistance at 4,400 round number — break opens 4,500 target.

4,371 holds above the 4,300 round-number support; silver surging +2.1% confirms broad metals bid — trend intact with no technical breakdown in sight.

Main risk

USD/JPY spike to 157.7

157.7 is a 1.1% JPY selloff; a sustained USD rally from here compresses gold's USD price and pressures the 4,300 support floor.

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