Trading Signals for GOLD (XAU/USD) for September 15 - 18, 2025: sell below $3,671 (7/8 Murray - 21 SMA)

[Redator]

Gold is trading around 3,671, below the 7/8 Murray level and above the 21SMA, with a bullish bias and within an uptrend channel formed since September 11.

Gold is facing a barrier around 3,657. This level could offer strong resistance for gold. If the price consolidates below this area, it could be seen as a signal for a technical correction.

A consolidation above 3,660 could lead to a gold price reaching 7/8 Murray around 3,671, and possibly even surpassing its high around 3,673.

A price drop below 3,644 could signal the start of a trend reversal. Thus, the price could reach the 200 EMA around $3,600, or even reach 6/8 Murray around 3,593.

The Eagle indicator is showing a positive signal, so any pullback in gold as long as the price trades within the uptrend channel will be viewed as an opportunity to continue buying in the coming days.

The material has been provided by InstaForex Company - www.instaforex.com