Fundamental Analysis

  • The ECB minutes suggested that policymakers are in no hurry to cut rates
  • Bitcoin recovered to 90,000 dollars after briefly falling below 80,000

52EMA as Key Support

The daily gold chart shows four rebounds at the 52-day EMA, highlighting its role as a major support line. Gold rose to around 4380 dollars, then fell to the 3880 dollar area. Since then, it has regained a gentle upward trend and is currently hovering near 4190 dollars.

Geopolitical risks, expectations for Fed rate cuts, and declines in crypto assets all serve as buying factors for gold. Gold has moved back above the 10EMA, confirming the recovery of its upward trend.

The 4210-dollar level acts as a neckline. A breakout above 4210 could open the path toward new highs.

Gold daily chart showing 52-day EMA support with four rebounds, recovery from 3880 to 4190 dollars, and 4210 neckline (November 28, 2025)
[Gold / Daily Chart]

Gold – Intraday Trading Strategy

After a period of low volatility, gold sharply broke out. Bollinger Bands show a transition from a squeeze phase to an expansion phase.

MACD indicates bullish momentum as the histogram rises above the signal line. Upward movement is expected to continue today.

The intraday stance is long, with targets at 4210 and 4380 dollars.

For day trading, stop-loss should be placed below the 10EMA.

For swing trading, holding the position is acceptable as long as the price stays above the 52EMA.

Gold 1-hour chart showing Bollinger Bands squeeze to expansion, MACD bullish signal, intraday buy strategy with targets at 4210 and 4380 (November 28, 2025)
[Gold / 1-Hour Chart]

Today's Key Economic Indicators

Event/Indicator Time
Germany CPI 22:00
Canada GDP 22:30