Gold Market Outlook
This article is part of our ongoing market coverage, focusing on gold price action after reaching critical upside targets. It summarizes the key insights from our latest video analysis (in Arabic, published on September 12, 2025), and highlights the support and resistance levels that could shape the next move.
Technical Analysis of Gold
Gold has recently reached its key upside targets, touching $3,617 and later $3,663 per ounce, following the decisive breakout above the $3,340 resistance level. In the latest session, prices even spiked to $3,674 before closing near $3,633, leaving a critical candlestick signal worth watching.
This article is a detailed summary of the technical outlook presented in the Arabic video published on September 12, 2025. The video explains the key breakout levels, potential continuation targets, and conditions that may trigger a profit-taking phase. Readers are strongly encouraged to watch the full video for chart-based details.
From a structural standpoint, gold’s breakout above $3,415 not only confirmed the exit from a sideways channel but also activated a symmetrical triangle pattern. According to technical rules, this move projects an upside objective toward $3,778— a level that remains valid as long as gold stays above the $3,400 support zone.
However, candlestick formations have introduced caution. A recent Shooting Star candle formed on the daily chart at the highs, but this pattern requires confirmation. A full candle close below $3,625 would validate a potential short-term retracement, possibly testing $3,563 or $3,514 as nearby support zones. A deeper pullback could revisit the $3,400 breakout level before any renewed rally.
It is worth noting that just as the Dow Jones analysis highlighted the importance of waiting for candle confirmations before reacting to pullbacks, gold now faces a similar scenario. Traders should remain objective, avoiding emotional decisions, and instead rely on clear breaks of support or resistance for guidance.
As long as $3,400 holds, the upside scenario toward $3,778 remains intact. Yet, if $3,625 fails and momentum shifts lower, profit-taking could dominate in the near term. Short-term traders should monitor $3,625 carefully, while medium-term investors should focus on the larger $3,400–$3,778 structure.
Note: Technical analysis is built on probabilities, not certainties. Stay alert to confirmations from candlestick closes and volume patterns before committing to positions.
Gold Support & Resistance Levels
| Level Type | Price Levels (USD) | Notes |
|---|---|---|
| Supports |
3,625 (key trigger) 3,563 (first support) 3,514 (second support) 3,400 (major support) |
Close below 3,625 = Profit-taking signal 3,400 is the critical structural level |
| Resistances / Targets |
3,663 (previous target) 3,674 (recent high) 3,700 (dynamic target) 3,778 (triangle breakout objective) |
Holding above 3,400 keeps 3,778 valid New highs require candle confirmation |
Conclusion
Gold has achieved significant milestones, but the next phase depends on whether the market respects support at $3,625 and $3,400. Holding these levels could fuel the continuation toward $3,778, while failure to do so may lead to a corrective wave. For a more visual and interactive explanation, watch the full Arabic video below.
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