Created
: 2025.09.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Gold: Bullish breakout - OCBC
Breaking news
Gold: Bullish breakout - OCBC
New
2025.09.03 17:30
2025.09.03 17:30
2025.09.03 17:30
XAU/USD broke pushed higher into record levels into NY session to firmly close above 3,500. Gold last seen at 3540 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Bullish momentum on daily chart intact
"Prospects of Fed cutting rates, risk of geopolitical tensions persisting for longer and chatters of central banks buying were some of the factors driving gold higher. Bullish momentum on daily chart intact while RSI rose into overbought conditions."
"We still continue to watch price action - if it manages to close above 3500 on weekly and monthly frequency. Next resistance at 3600, 3750, and 3890 levels. Support at 3390 (21 DMA), 3360 (50 DMA)."
Last updated
: 2025.09.03
Related articles
Silver price today: Silver falls, according to FXStreet data
2025.09.03 18:30Gold: Bullish breakout - OCBC
2025.09.03 17:29Silver Price Forecast: XAG/USD marks fresh 14-year highs near $41.00
2025.09.03 16:28Silver Price Forecast: XAG/USD eases from 14-year peak; fails ahead of $41.00 mark
2025.09.03 13:38India Gold price today: Gold steadies, according to FXStreet data
2025.09.03 13:37Gold eases from record high as bulls turn cautious amid further USD recovery
2025.09.03 13:07
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/JPY rises to near 149.00 ahead of US JOLTS Job Openings data
The USD/JPY pair moves higher to near 149.00 during the European session on Wednesday. The pair moved higher as the Japanese Yen (JPY) underperforms its peers, following a sharp increase in Japan's long-term bond yields.
New
2025.09.03 20:01USD/CAD hesitates below 1.3800 ahead of US employment, industrial data
The US Dollar appreciates for the third consecutive day on Wednesday, buoyed by higher US yields, while the decline in Oil prices keeps weighing on the commodity-sensitive Loonie.
New
2025.09.03 19:56AUD/USD steady as Q2 GDP beats forecasts - BBH
AUD/USD is trading in a tight range around 0.6520. Australia Q2 real GDP growth beat expectations, BBH FX analysts report.
New
2025.09.03 19:43GBP, gilts stabilize after heavy sell-off - BBH
Pound Sterling (GBP) and long-term gilts stabilized after yesterday's plunge, BBH FX analysts report.
New
2025.09.03 19:39USD/CNH: Expected to trade in a range between 7.1300 and 7.1500 - UOB Group
US Dollar (USD) is expected to trade in a range between 7.1300 and 7.1500. In the longer run, the current price movements are likely part of a range trading phase between 7.1200 and 7.1650, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.09.03 19:36Dovish Fed can put additional downward pressure on USD - BBH
The global bond market rout stretched into a second day, weighing on equities, boosting gold prices to new highs, and lifting US Dollar (USD) against most currencies. The bond market sell-off reflects genuine concerns over fiscal profligacy across Europe and the US, BBH FX analysts report.
New
2025.09.03 19:33USD/JPY: Overbought conditions may limit gains to 149.15 - UOB Group
US Dollar (USD) could strengthen further; overbought conditions may limit gains to 149.15. In the longer run, outlook for USD is positive; it remains to be seen if it can maintain the rapid pace of advance. The level to watch is 149.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.09.03 18:57AUD/USD crawls above 0.6525 on upbeat Australia's GDP, easing risk aversion
The Australian Dollar has turned positive on the daily charts after bouncing from the 0.6500 area and is trading near daily highs, at the 0.6525 area, favoured by strong Australian GDP data and easing concerns about the fiscal deficits.
New
2025.09.03 18:40NZD/USD: May test the support at 0.5830 before stabilization - UOB Group
New Zealand Dollar (NZD) may test the support at 0.5830 before stabilization can be expected; a clear break below this level is unlikely. In the longer run, NZD is likely to trade in a range of 0.5800/0.5900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.09.03 18:36USD/CNH: Rebound meets resistance - OCBC
USD/CNH was a touch firmer for a 3rd consecutive session this week, tracking USD/CNY fix which was set higher again - today at 7.1108 vs 7.1089 on Tuesday and 7.1072 on Monday vs. 7.1030 last Friday. Pair was last at 7.1451, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.09.03 18:31Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
