In the daily chart, XAU/USD trades at $4,354.92, maintaining a bullish near-term bias as spot holds above both the 21-day and 50-day simple moving averages (SMAs) at $4,215.01 and $4,155.34, respectively. The pair, however, is approaching a key technical cap set by the 100-day SMA at $4,381.21, while the longer-term 200-day SMA at $4,509.67 remains a broader topside barrier. The Relative Strength Index (RSI) at 59.21 stays in constructive territory, hinting that bullish momentum is intact but not yet overextended. On the downside, initial support is seen at the 21-day SMA near $4,215, followed by the 50-day SMA around $4,155, which together define a cushioning demand zone on pullbacks. On the topside, immediate resistance emerges at the 100-day SMA at $4,381, ahead of the more significant 200-day SMA near $4,510; a sustained break above these levels would reinforce the upward trend, while failure to clear $4,381 could trigger a period of consolidation above the current moving-average floor
Baby Zone: post #55723 — TG.ME
August 19, 2026 69