Gold is ending the trading week with a decline, hovering near the 4287 area. XAU/USD quotes continue to move within a downward trend and the formation of a “Head and Shoulders” reversal pattern. Moving averages indicate an overall uptrend for Gold. Prices are re-testing the area between the signal lines, suggesting buying pressure and the potential for continued price growth. In the immediate term, a decline and a test of the support level near 4205 are expected. This would likely be followed by an upward rebound and continued growth for XAU/USD during the current trading week, targeting levels above 5085.
GOLD Weekly Forecast XAUUSD September 14 – 18, 2026
An additional signal favoring a rise in Gold prices this week (September 14–18, 2026) is a bounce off the support line on the Relative Strength Index (RSI) indicator. A second signal is a rebound from the lower boundary of the “Head and Shoulders” reversal pattern. The bullish scenario for XAU/USD would be invalidated if the price falls and breaks below the 3805 area. This would signal a break of the bullish channel’s lower boundary and a continued decline in Gold prices, targeting levels below 3355. Confirmation of the asset’s price growth would come from a break of the resistance area and a close above 4735, indicating a breakout above the upper boundary of the “Head and Shoulders” reversal pattern.
GOLD Weekly Forecast XAUUSD September 14 – 18, 2026 suggests an attempt to develop a bearish correction and test the support level near the 4205 area. This would be followed by a resumption of the rise in gold prices, targeting levels above 5085. A test of the trend line on the Relative Strength Index (RSI) would support an upward move in quotes. The bullish scenario for gold would be invalidated by a drop and a breakout below the 3805 level; this would signal a continued decline in prices toward the area below 3355.
