FX.co ★ Arman-Shaban | XAU/USD, GOLD

Gold (XAU/USD) reflects recent macroeconomic developments in October 2025. The Federal Reserve implemented a 25-basis-point rate cut in September and signals another potential reduction at the October 28-29 meeting amid a weakening job market. Inflation accelerated to 2.9 percent annually in August, supporting gold as a hedge against currency devaluation. The U.S. dollar index hovers around 98, exerting downward pressure on gold prices.366fcc Geopolitical tensions and U.S. government shutdown risks have driven safe-haven demand, with gold futures open Gold (XAU/USD) reflects recent macroeconomic developments in October 2025. The Federal Reserve implemented a 25-basis-point rate cut in September and signals another potential reduction at the October 28-29 meeting amid a weakening job market. Inflation accelerated to 2.9 percent annually in August, supporting gold as a hedge against currency devaluation. The U.S. dollar index hovers around 98, exerting downward pressure on gold prices.366fcc Geopolitical tensions and U.S. government shutdown risks have driven safe-haven demand, with gold futures open interest increasing by 7 percent to $26 billion. Sentiment remains positive, with gold prices surging more than 50 percent in 2025 amid economic uncertainty. The 15-min chart displays a bullish market structure with key zones. Demand zones form at 3700-3720 and 3650-3670, where price found support during pullbacks. Supply zones appear at 3800-3820 and 3850, capping the all-time high. Liquidity sweeps occurred at 3820, where price rejected highs, and 3700, where lows were tested. Downside liquidity pools remain unmitigated below 3650 toward 3620-3600, while upside liquidity pools target above 3850. Fair value gaps emerge between 3750-3770 from the recent rally, and order blocks include a bullish one at 3700-3720 and a bearish one at 3820. The 20-period EMA provides dynamic support near 3740. Bullish scenarios activate if price sustains above 3820 on a 15-min close, targeting 3850-3880 initially, with extension to 3920 if volume rises. Confirmation requires a retest of 3800 as support and RSI above 55. Bearish paths trigger on rejection at 3820 or breakdown below 3740, aiming for 3720-3700 first, then 3670-3650 if momentum persists. Traders should place stops above 3840 for shorts or below 3720 for longs and monitor for increasing volume as a trend signal.

Gold currently positions between the 3700 demand zone and 3820 supply zone in an upward trend. Liquidity sweeps remain critical, as recent rejections at 3820 highlight active order flow. Upcoming U.S. non-farm payrolls revisions and Federal Reserve minutes could drive volatility. Both buy and sell opportunities exist until a sustained breakout above 3850 or below 3700 confirms the next trend. increasing by 7 percent to $26 billion.Sentiment remains positive, with gold prices surging more than 50 percent in 2025 amid economic uncertainty. The 15-min chart displays a bullish market structure with key zones. Demand zones form at 3700-3720 and 3650-3670, where price found support during pullbacks. Supply zones appear at 3800-3820 and 3850, capping the all-time high. Liquidity sweeps occurred at 3820, where price rejected highs, and 3700, where lows were tested. Downside liquidity pools remain unmitigated below 3650 toward 3620-3600, while upside liquidity pools target above 3850. Fair value gaps emerge between 3750-3770 from the recent rally, and order blocks include a bullish one at 3700-3720 and a bearish one at 3820. The 20-period EMA provides dynamic support near 3740. Bullish scenarios activate if price sustains above 3820 on a 15-min close, targeting 3850-3880 initially, with extension to 3920 if volume rises. Confirmation requires a retest of 3800 as support and RSI above 55. Bearish paths trigger on rejection at 3820 or breakdown below 3740, aiming for 3720-3700 first, then 3670-3650 if momentum persists. Traders should place stops above 3840 for shorts or below 3720 for longs and monitor for increasing volume as a trend signal. Gold currently positions between the 3700 demand zone and 3820 supply zone in an upward trend. Liquidity sweeps remain critical, as recent rejections at 3820 highlight active order flow. Upcoming U.S. non-farm payrolls revisions and Federal Reserve minutes could drive volatility. Both buy and sell opportunities exist until a sustained breakout above 3850 or below 3700 confirms the next trend.