{"id":427643,"date":"2026-02-15T21:45:09","date_gmt":"2026-02-15T21:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/427643\/"},"modified":"2026-02-15T21:45:09","modified_gmt":"2026-02-15T21:45:09","slug":"gold-price-forecast-us-labour-data-and-stock-volatility-set-stage-for-breakout-above-5600","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/427643\/","title":{"rendered":"Gold Price Forecast \u2013 US Labour Data and Stock Volatility Set Stage for Breakout Above $5,600"},"content":{"rendered":"<p>Similarly, the short formation of ascending triangle from October to December 2025 indicated a quick move after the breakout from $4,400. However, when the price reached $5,400, it spiked above this level but quickly reversed back to form strong support at $4,400, which was the support of the previous triangle.<\/p>\n<p>However, the emergence of a bullish hammer above $4,400 indicates that the price will likely keep the bullish move. Based on these patterns, the price will likely form another bullish price pattern below $5,600, which will result in the next bullish move. Therefore, consolidation below $5,600 will develop before the next breakout. This pattern indicates that the next breakout from $5,600 will likely take gold prices above $6,000 in the next few months.<\/p>\n<p>This bullish price action is also observed on the weekly chart below. The patterns show that the price broke the ascending broadening wedge pattern at $4,500. After the breakout, the price spiked to $5,600. However, the drop from $5,600 to $4,400 has halted at the ascending broadening wedge line.<\/p>\n","protected":false},"excerpt":{"rendered":"Similarly, the short formation of ascending triangle from October to December 2025 indicated a quick move after the&hellip;\n","protected":false},"author":2,"featured_media":427644,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,35786,36623,36624,59,1568,37056,147191,36627,56,147192,54,55,36628],"class_list":{"0":"post-427643","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-commodities","10":"tag-daily","11":"tag-fundamental","12":"tag-gb","13":"tag-gold","14":"tag-home-page-1","15":"tag-premium-content","16":"tag-technical","17":"tag-uk","18":"tag-umair_metals","19":"tag-united-kingdom","20":"tag-unitedkingdom","21":"tag-us-dollar-index"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/427643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=427643"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/427643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/427644"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=427643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=427643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=427643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}