GOLD
Gold is trading in an upward trend over the medium term, opening the door for further price increases and the formation of new highs. However, if the support zone at $4,100 is broken to the downside, prices may retest the $3,950 area during today’s session.
|
Support |
4100 | 3950 | – |
| Resistance | 4200 | 4300 |
– |
Gold prices recorded a notable rise during today’s session, October 15, 2025, extending the precious metal’s strong gains and reaching new levels near $4,150 per ounce. The rally was supported by growing concerns over escalating U.S. China trade tensions and a weaker U.S. dollar following dovish comments from Federal Reserve officials. This upward move reflects investors’ renewed demand for safe-haven assets amid heightened volatility in equity and energy markets.
Overall, the bullish trend remains dominant as long as global economic pressures persist, particularly with expectations of further U.S. interest rate cuts, which continue to enhance gold’s appeal as a hedge against inflation and currency weakness.
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