
Gold Forecast: Looking for Higher Levels – 27 August 2025
Gold continues to consolidate in an ascending triangle, with $3,500 resistance in focus and the 50-day EMA providing strong support for a bullish breakout.
Gold continues to consolidate in an ascending triangle, with $3,500 resistance in focus and the 50-day EMA providing strong support for a bullish breakout.
AUD/USD remains rangebound near 0.65, supported by RBA’s dovish minutes and pressured by US political and economic uncertainty before key GDP and PCE releases.
BTC/USD slumped to six-week lows, with bears eyeing $105K support as Fed policy uncertainty, Trump’s Fed clash, and Nvidia earnings drive volatility.
EUR/USD slipped after US political turmoil and weak confidence data, but technicals point to a potential bullish breakout toward 1.1825.
The Euro (EUR) bounced back on Tuesday, with EUR/USD reclaiming the 1.1660–1.1670 band after shaking off Monday’s pullback.
Gold prices seesawed between gains and losses late on Monday, falling towards $3,351.39 early on Tuesday. The bright metal later recovered, peaking at around $3,386, to finally stabilize near its intraday peak.