XAU/USD quotes continue to move within a growing trend and a descending channel. At the time of this forecast, the price of gold today is $4,552 per troy ounce. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, indicating selling pressure and a potential continuation of the decline from current levels. Currently, we expect an attempt at a bearish correction in the gold price and a test of the support level near 4,385. From there, we expect an upward rebound and continued growth in the gold price, with a potential target above 4,885.
GOLD Forecast and XAU/USD Analysis for March 26, 2026
An additional signal favoring growth in XAU/USD quotes will be a test of the broken trend line on the relative strength indicator (RSI). A second signal will be a rebound from the upper boundary of the descending channel. The potential for gold price growth on March 26, 2026, will be cancelled if prices fall and break below 4205. This will indicate a breakout of the support area and a continued decline in the asset’s price below 3925. Expect the XAU/USD price to accelerate with a breakout of the resistance area and a price close above 4705, which will indicate a breakout of the upper boundary of the downward channel.
GOLD Forecast and XAU/USD Analysis for March 26, 2026 suggests an attempt at a bearish price correction and a test of the support area near 4385. Subsequently, base metal prices are expected to continue rising with a target above 4885. A decline in the market price and a breakout of 4205 would cancel out this upward price scenario for gold. This would indicate a continued decline in gold prices with a potential target below 3925.
