Technical Analysis (Gold) : XAU/USD 16 April 2026

Forex Technical Analysis : XAUUSD (Gold)

Date : 16 April 2026

Momentum : Up

First Scenario : long positions above 4,811.96 with targets at 4,851.27, 4,871.87 and 4,899.06

Second Scenario : short positions below 4,811.96 with targets at 4,786.84, 4,762.80 and 4,738.63

Comment : There is no clear trend in the price movement.

Supports and resistances :

4,899.06 **
4,871.87 *
4,851.27
4,831.38 - Last price
4,786.84
4,762.80 *
4,738.63 **

Warning : This information is not a buy-sell signal.