Technical Analysis: XAUUSD

XAUUSD increased by more than 2%

On Tuesday, XAUUSD increased by more than 2% and broke above the US$4800 mark, reaching a one-week high.

The USDX decreased for 7 consecutive trading days

On Tuesday, the USDX fell for the 7^th straight trading day. It ended down 0.33% at 98.13, hitting the lowest level since 2^nd March.

Gold ETF holdings increased

As of 14^th April 2026, gold ETF holdings increased by 2.29 tons to 1049.48 tons, according to the world’s largest gold ETF—SPDR Gold Trust.

The bullish market trend prevailed in the short term

the Chart of the Day

On the chart of the day, XAUUSD rose steadily. The bullish market trend prevailed in the short term. In terms of technical indicators, MACD went upwards after golden cross occurred, showing that XAUUSD will climb further. Investors should focus on whether XAUUSD will break through the resistance at 4970. It will jump with potential resistance at 5130 if it breaks above 4970.

4-hour chart

On the 4-hour chart, XAUUSD was prone to fluctuation and climbed. The bullish market trend prevailed. In terms of technical indicators, KDJ went upwards after golden cross occurred, showing that XAUUSD will jump further. Investors should focus on whether XAUUSD will break through the support at 4800. It will rise if it retreats but is stable above 4800.

Key resistance: 4970,5130

Key support: 4800,4750

Generally speaking, the bullish market trend prevailed in the short term. Investors could buy as XAUUSD retreats during the day.