Gold: Rebound tests major resistance band – Societe Generale
Ni FXStreet Insights Team
Na-update: 3 Jul 2026
Sikat na Artikulo
Societe Generale analysts note that Gold has held the $3,930/3,885 support zone linked to the November 2025 low and rebounded sharply.
Societe Generale analysts note that Gold has held the $3,930/3,885 support zone linked to the November 2025 low and rebounded sharply. Prices are approaching a descending trend line near $4,300, but the bank sees no clear signs of a large bounce yet, with the confluence of the 50‑DMA and 200‑DMA at $4,380/4,480 flagged as a key hurdle.
Support defended, resistance overhead
"Gold successfully defended the interim support zone at $3,930/3,885, corresponding to the low of November 2025, and has staged a swift rebound."
"It is now approaching the descending trend line drawn since March, currently situated near $4,300."
"Signals of a large bounce are not yet visible."
"It will be important to monitor whether Gold can establish a base and gradually attempt a reversal."
"Confluence of the 50-DMA and 200-DMA around $4,380/4,480 may act as a significant hurdle."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa
