XAU/USD quotes continue to move within a growing trend and a bullish channel. At the time of this forecast, the price of gold today is $5,067 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 to further correct the gold price downwards and a test of support near the 5,025 area. From there, we expect an upward rebound and continued growth in gold prices, with a potential target above 5,345.
GOLD Forecast and XAU/USD Analysis for February 10, 2026
An additional signal supporting growth in XAU/USD quotes will be a test of the 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 February 10, 2026, will be cancelled if prices fall and the 4905 level is broken. This will indicate a breakout of the support area and a continued decline in the asset’s price below 4745. XAU/USD price growth should accelerate with a breakout of the resistance area and a price close above 5125.
GOLD Forecast and XAU/USD Analysis for February 10, 2026 suggests an attempt to develop a bearish price correction and a test of the support area near 5025. Subsequently, the base metal’s price growth will continue with a target above 5345. The potential for gold price growth will be cancelled if prices fall on the market and the 4905 level is broken. This will indicate a continued decline in the gold price with a potential target below 4745.
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