{"id":90792,"date":"2025-10-03T13:36:02","date_gmt":"2025-10-03T06:36:02","guid":{"rendered":"https:\/\/pediafx.com\/en\/gold-holds-steady-in-bullish-path-sharp-correction-doesn-t-disrupt-upward-trend\/"},"modified":"2025-10-03T13:36:02","modified_gmt":"2025-10-03T06:36:02","slug":"gold-holds-steady-in-bullish-path-sharp-correction-doesn-t-disrupt-upward-trend","status":"publish","type":"post","link":"https:\/\/pediafx.com\/en\/gold-holds-steady-in-bullish-path-sharp-correction-doesn-t-disrupt-upward-trend\/","title":{"rendered":"Gold Holds Steady in Bullish Path: Sharp Correction Doesn&#8217;t Disrupt Upward Trend"},"content":{"rendered":"<p>Gold continues to demonstrate its resilience amidst market fluctuations. Even though it faced a significant correction in yesterday&#8217;s trading session, the <em>bullish<\/em> structure on the <em>1-hour timeframe<\/em> remains intact. Technical indicators such as Moving Average (MA) and Zigzag are consistently showing an upward trend, signaling that the short-term momentum has not reversed.<\/p>\n<p>Furthermore, the CCI, which has rebounded from the oversold zone, reinforces the potential for continued strengthening. This situation presents an opportunity for Gold to extend the rally that has been in place for several weeks. As long as prices manage to stay above key <em>support<\/em> levels, the bullish trend is expected to persist, with the likelihood of testing the next <em>resistance<\/em> level soon.<\/p>\n<p><\/p>\n<p><img decoding=\"async\" alt=\"\" class=\"fr-fic fr-dib\" src=\"http:\/\/pediafx.com\/wp-content\/uploads\/2025\/10\/xauusd.mm15_eropa_3-10-25.png\" style=\"width: 100%;\" title=\"\"\/><\/p>\n<p><\/p>\n<p>Gold has successfully showcased its strength after experiencing a sharp correction on the 15-minute timeframe during yesterday&#8217;s trading session. The price has re-entered the ascending <em>channel<\/em> backed by a continuous upward Zigzag movement, confirming the bullish short-term trend. Technical signals are becoming increasingly robust as the MACD indicator begins to move into positive territory, further opening up prospects for Gold to continue its rally, with a target of testing <em>resistance<\/em> at the 3894 level in today&#8217;s afternoon trading.<\/p>\n<p><strong>Technical Reference: <em>buy<\/em> as long as above 3,825<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 1: 3,876<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 2: 3,894<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 1: 3,840<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 2: 3,825<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold continues to demonstrate its resilience amidst market fluctuations. Even though it faced a significant correction in yesterday&#8217;s trading session, the bullish structure on the 1-hour timeframe remains intact. Technical indicators such as Moving Average (MA) and Zigzag are consistently showing an upward trend, signaling that the short-term momentum has not reversed. Furthermore, the CCI, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":90791,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5168],"class_list":["post-90792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-xauusd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold Holds Steady in Bullish Path: Sharp Correction Doesn&#039;t Disrupt Upward Trend - PediaFX - Your Trusted Global Online Broker Review Service - Top-Rated Forex Brokers 2024<\/title>\n<meta name=\"description\" content=\"Discover PediaFX: Your trusted platform for honest and unbiased global broker reviews. 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