XAU/USD quotes continue to move within the upward trend and a bullish channel. At the time of publication of this forecast, the price of gold today is $4,664 per troy ounce. Moving averages indicate a short-term bullish trend. Prices have broken above the area between the signal lines, indicating upward pressure from asset buyers and potential continued growth from current levels. Currently, we expect an attempt at a bearish correction in the gold price and a test of the support level near 4,525. From there, we expect an upward rebound and continued growth in the gold price, with a potential target above 4,905.
GOLD Forecast and XAU/USD Analysis for April 1, 2026
An additional signal for XAU/USD quotes to rise will be a test of the bullish trend line on the relative strength indicator (RSI). A second signal will be a rebound from the lower boundary of the bullish channel. The potential for gold price growth on April 1, 2026, will be cancelled if prices fall and the 4445 level is broken. This will indicate a breakout of the support area and a continued decline in the asset’s price below 4005. XAU/USD growth should be expected to accelerate with a breakout of the resistance area and a price close above 4705.
GOLD Forecast and XAU/USD Analysis for April 1, 2026 suggests an attempt to develop a bearish price correction and a test of the support area near 4525. Subsequently, base metal prices are expected to continue rising with a target above 4905. The potential for gold price growth will be cancelled if prices fall on the market and the 4445 level is broken. This will indicate a continued decline in the gold price with a potential target below 4005.
