Gold touches 1249.00-1250., which are decisive levels and a break of them will expose 1280.00-1281.00 regions.

In fact, we see increase in bulls’ power on ADX in addition to bullish channel from 1246.00.

A break above 1260.00 is essential to witness additional bullishness.

Support:  1252.00 – 1242.00 – 1232.00

Resistance:1260.00 – 1270.00 – 1281.00

Direction: Bullish

• Gold gains, the dollar weakens as inflation cools to a four-year low   (2025-05-14 07:06:00)
• Wall Street balanced between bulls, bears, and the fence, Main Street maintains bullish bias with tariffs and inflation in focu   (2025-05-10 09:59:17)
• The price gap between oil and gold points to a recession and $4,000 gold - Bloomberg’s Mike McGlone   (2025-05-07 08:35:35)
• Gold surges ahead of Fed meeting, silver and platinum prices struggle to regain key support - FX Empire’s Zernov   (2025-05-06 08:26:08)
• Gold prices hold above $3,300 amid economic concerns: Where are prices headed?   (2025-04-30 08:37:50)
• With gold sentiment peaking, it may be silver’s time to shine - NDR’s Bauer   (2025-04-29 06:13:03)
• Bearish turn on Wall Street and Main Street after multi-session gold selloff saps metal’s momentum   (2025-04-26 05:50:48)
• Gold prices drop 6% from all-time highs, but the rally is far from over   (2025-04-26 05:45:38)
• Investors should be more nervous about equity markets than gold above $3,000 - Sprott’s Ryan McIntyre   (2025-04-25 06:32:26)
• Gold hits $3,500 as dollar trust erodes, Fed pressure mounts, Axel Merk warns of ‘mania of our policymakers’   (2025-04-23 07:03:02)