Gold Technical Analysis Report 15 October, 2025
Given the clear daily uptrend, Gold can be expected to rise further in the active impulse waves 3 and (3) toward the next resistance level 4300.00 (target price for the completion of the active impulse waves 3).
- Gold broke resistance area
- Likely to rise to resistance level 4300.00
Gold has been rising sharply in the last few trading sessions, breaking through the resistance area located between the round resistance level 4000.00 (which stopped the earlier impulse wave I at the begin of October, as can be viewn from the daily Gold chart below) and the resistance trendline of the sharp up channel from August. The breakout of this resistance area accelerated the active impulse wave 3 of the medium-term impulse wave (3) from the middle of May.
Given the clear daily uptrend, Gold can be expected to rise further in the active impulse waves 3 and (3) toward the next resistance level 4300.00 (target price for the completion of the active impulse waves 3).
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