Gold is ending the trading week with a strong rally near the 4071 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 3955 area. Further, an upward rebound and continued growth in XAUUSD are expected this trading week, with a potential target above 4835.
GOLD Weekly Forecast XAU/USD November 24 — 28, 2025
An additional signal favoring growth in gold quotes and prices this trading week (November 24-28, 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 3545 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 2975. A breakout of the resistance area and a close above 4125 will confirm the asset’s price growth.
GOLD Weekly Forecast XAU/USD November 24 — 28, 2025 suggests an attempt to develop a bearish correction and test the support level near 3955. Then, gold prices will continue to rise with a target above 4835. A test of the trendline on the relative strength indicator (RSI) will support an upward trend. A decline and a breakout of 3545 would cancel out the gold rally. This would indicate a continued decline below 2975.
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