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Gold Emerges from Downtrend Initiated in January 2026: What Lies Ahead?

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FOMOGRAM Editorial Desk
Aug 5, 2026
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Gold Emerges from Downtrend Initiated in January 2026: What Lies Ahead?
EXECUTIVE SUMMARY

Gold prices have broken free from a five-month downtrend as the tightest Bollinger Bands squeeze in a year is triggered. The next significant resistance level to watch is $4,300 ahead of the Non-Farm Payroll report.

Gold prices have broken free from a five-month downtrend as the tightest Bollinger Bands squeeze in a year is triggered. The next significant resistance level to watch is $4,300 ahead of the Non-Farm Payroll report.

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