Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Friday, Dec 5

Image Source: Pexels Today you will see Gold price predictions based on technical analysis. What is the support and resistance on the daily time frame for XAUUSD?What to expect where the price will break out for the XAUUSD based on the supply and demand zones.Video Length: 00:03:56More By This Author:Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Thursday, Dec 4Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Wednesday, Dec 3Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Tuesday, Dec 2

Gold likely to sustain strong rally in 2026

Gold was likely to sustain its strong trend-like rally in 2026, UOB’s Global Economics & Markets Research said.

"Commodity" Focus: Federal Reserve Meeting Next Week, Gold Prices Fluctuate Slightly

Investors are turning their attention to next week's Federal Reserve meeting, with gold prices showing slight fluctuations on Thursday. Spot gold rose 0.2% to $4,211.1 per ounce. February futures gold increased by $12.7 or 0.3% to $4,245.2 per ounce. March silver prices fell by 2% to $57.47 per ounce. March copper prices decreased by 0.5% to $5.364 per pound. January platinum prices dropped by 0.3% to $1,658.8 per ounce. March palladium prices fell by 1.7% to $1,482 per ounce

Gold Holds Steady Near $4,200 Amid Fed Rate Cut Expectations

Gold remains steady at $4,200 as traders anticipate a Fed rate cut amid weak US economic data. The metal consolidates after a triangle breakout, with resistance at $4,250 and support at $4,150-$4,160. Geopolitical risks and a weak USD support gold, while rising global yields cap gains. Markets expect a 25 bps rate cut at the upcoming Fed meeting, with an 89% probability.

GraniteShares Gold Trust | 10-Q: FY2026 Q1 Revenue: USD 179.95 M