---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000643750.md"
description: "🏆 Weekly Gold (XAUUSD) Review for Gold Lovers: Bulls Defend the Trendline🚀🔷 Market OverviewGold closed the week at $4,715.71, surging approximately 0.61% in the final session. The daily chart confirms a successful defense of the long-term ascending support line after a period of intense volatility. Buyers have stepped in to prevent a deeper slide, shifting the immediate narrative from a bearish breakdown to a potential trend reversal.🔷 Technical Snapshots🟢 Bollinger Bands (Daily)Price sits at $4,715.71, currently testing the 20 SMA middle band ($4,695.71). The upper band at $4,881.40 serves as the next major target, while the lower band remains at $4,510.01. On the 4H, price has pushed above the middle band ($4,684.72), with immediate resistance at the upper band of $4,784.84.🟢 RSI (Relative Strength Index) Daily RSI 14 is at 51.74, indicating a shift back to neutral-bullish territory as momentum recovers from recent lows. 4H RSI 14 is at 62.91, showing strong upward momentum. This suggests buyers are currently in control.🟢 Support & ResistanceImmediate support: $4,695.71 (Daily middle BB) and $4,684.72 (4H middle BB). Major support: $4,510.01 (Trendline and Daily lower BB).Resistance: $4,784.84 (4H upper BB), then the $4,874–$4,881 zone (Recent swing highs and Daily upper BB).🔷 Next Week -Key U.S. Economic Data to Watch🟢 Consumer Price Index (CPI) - 12 May 2026🟢  Producer Price Index (PPI) -13 May 2026🟢  Retail Sales- 14 May 2026Hot inflation data could revive fears, testing the $4,695 support. Conversely, soft inflation may fuel a breakout toward $4,881.🔷The VerdictNeutral-to-Bullish bias. The successful bounce off the long-term trendline at $4,510 is a major victory for bulls. A sustained hold above $4,716 opens the door to $4,880+. Only a break back below $4,684 on the 4H would signal a return to bearish sentiment.Not financial advice. Do your own DD and practice risk management 😉."
datetime: "2026-05-09T00:12:18.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000643750.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000643750.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000643750.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# 🏆 Weekly Gold (XAUUSD) Review for Gold Lovers: Bul…


### Related Stocks

- [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md)

## Comments (4)

- **APEK · 2026-05-25T15:24:11.000Z**: Buy
- **Fattycat · 2026-05-12T01:45:53.000Z**: Gold went up to 4766 before dropping 300 pips. Sellers more than buyers. Becareful with your trades.  CPI data tonight 😁
- **Fattycat · 2026-05-11T01:53:52.000Z**: Gold will recover back to 4715😉. It down now 🤭.
- **Fattycat · 2026-05-11T00:23:36.000Z**: Gold gap down this morning 🤗. Buying opportunity?  🤔


---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**