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Market Technical Analysis by RoboForex


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Gold (XAUUSD) holds firm on geopolitical tensions, traders gear up for further gains

XAUUSD remains resilient, supported by continued demand from central banks, with prices currently at 3,386 USD. Discover more in our analysis for 18 June 2025.

XAUUSD technical analysis

XAUUSD quotes are correcting after rebounding from the upper boundary of the ascending channel but remain above the Moving Averages – a sign of ongoing bullish pressure. Today's XAUUSD analysis suggests a rebound from the lower boundary of the bullish channel and a potential rise towards 3,475 USD.

xauusd-2025-06-1.thumb.jpg.52d48e320b1df777aa0365f50e2638c1.jpg

Despite a local correction, demand for gold remains robust due to persistent geopolitical risks and central bank interest.

Read more - Gold Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

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