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FX.co ★ Gold Has the Potential to Continue Strengthening Toward Its Nearest Resistance Today. Monday, 08 September 2025

Gold Has the Potential to Continue Strengthening Toward Its Nearest Resistance Today. Monday, 08 September 2025

[XAU/USD] – [Monday, 08 September 2025]

With the appearance of a Divergence on the RSI, which is also at a Neutral-Bearish level, there are signs of a corrective weakening. However, as long as the 3550.46 level is able to hold back the weakening, XAU/USD has the potential to rebound and strengthen.

Key Levels

Resistance 2: 3,635.06

Resistance 1: 3,610.50

Pivot: 3,575.02

Support 1: 3,550.46

Support 2: 3,514.98

Tactical Scenario

Positive Reaction Zone: If the price of gold breaks through and closes above 3,610.50, there is potential to continue strengthening toward 3,635.06.

Momentum Extension Bias: If the 3,635.06 level is also breached and closed above, XAU/USD will likely test the 3,670.54 level.

Level Invalidation / Bias Revision

The upside bias weakens if XAU/USD declines sharply, breaking and closing below 3,514.98.

Technical Summary

EMA(50): 3,576.85

EMA(200): 3,536.20

RSI(14): 49.40 + Divergent

Economic News Release Agenda:No economic data releases from the United States today.

Gold Has the Potential to Continue Strengthening Toward Its Nearest Resistance Today. Monday, 08 September 2025

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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