Gold is ending the trading week with a strong rally near the 3990 area. XAU/USD quotes continue to move within a developing correction and bullish channel. Moving averages indicate an uptrend in gold. Prices have broken above the area between the signal lines, indicating buying pressure and potential continued price growth. Currently, we expect an attempt at a bearish price correction and a test of the support level near the 3865 area. Further, an upward rebound and continued growth in XAUUSD are expected this trading week, with a potential target above 4795.
GOLD Weekly Forecast XAU/USD November 10 – 14, 2025
An additional signal favoring growth in gold quotes and prices this trading week (November 10-14, 2025) will be a rebound from the bullish trend line on the relative strength indicator (RSI). The second signal will be a rebound from the lower boundary of the ascending channel. A price decline and a breakout of the 3535 area will cancel the upward trend in XAU/USD quotes. This will indicate a breakout of the lower boundary of the bullish channel and a continued decline in gold prices with a target below 2815. A breakout of the resistance area and a close above 4075 will confirm the asset’s growth.
GOLD Weekly Forecast XAU/USD November 10 – 14, 2025 suggests an attempt to develop a bearish correction and test the support level near 3865. Then, gold prices will continue to rise with a target above 4795. A test of the trendline on the relative strength indicator (RSI) will support an upward trend. A decline and a breakout of 3535 would cancel out the gold rally. This would indicate a continued decline below 2815.
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