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fxAug 7, 2026, 10:23 AM

Gold Rally Resumes, Bulls Eye $4,380 Target

Gold prices pushed above $4,300 to fresh three-week highs, with bulls now targeting the mid-June resistance near $4,380.

XAUUSD

Gold extended its bullish run on Friday, breaking above $4,300 after a brief consolidation on Thursday. The precious metal reached fresh three-week highs as buying momentum accelerated.

Bulls are now setting their sights on the mid-June high near the $4,380 level, which represents the next key resistance zone. The upside move underscores renewed demand for the yellow metal.

Source: FXStreet Forex News