XAU/USD Gold Price Prediction Today February 3, 2026: Rebound in the $4,800 Zone?

Jakarta, Pintu News – Gold price movements (XAU/USD) today showed interesting dynamics after a technical rebound from previous selling pressure, although it remains below some recent highs. The following analysis presents an overview of price conditions, market context, as well as potential directions that may occur in today’s trading session.

1. XAU/USD Rebounds After Correction

Gold prices (XAU/USD) briefly corrected from the high territory of the last few days but managed to rebound above $4,800 per troy ounce in the Asian session. This consolidation came after gold experienced selling pressure due to the strengthening US Dollar (USD) and profit-taking by market participants after the previous long rally. This recovery signals that buying interest is returning near important technical support levels.

However, this rebound is not technically strong as gold still faces significant resistance around $4,900-$5,000. Inability to close above this resistance will limit further upside potential today.

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2. Bearish Pressure Still Notable

Despite the rebound, the XAU/USD short-term trend shows continued pressure as the US Dollar still attracts investors as a safe asset. This factor comes after political decisions and US economic data that reinforced expectations of interest rates staying high for a while.

The daily technicals also reflect that momentum is not yet fully bullish as gold failed to maintain a close above certain simple moving averages (SMAs) such as the 21-day SMA, which is often used as a near-term trend marker.

3. Crucial Resistance & Support Levels

The $4,800-$4,900 level is the main resistance area today that needs to be broken for XAU/USD to return to a stronger upward direction. If the price manages to close above this zone, the rebound momentum could receive further technical confirmation.

Instead, the initial support that needs to be maintained to avoid further downward pressure is around $4,650-$4,700. If a breakout below this support occurs, bear pressure may be intense again in the short term.

4. Geopolitical Risks & Economic Data

External factors such as de-escalation of geopolitical tensions between major powers and global monetary policy news continue to influence the direction of XAU/USD. The temporary weakening of the US Dollar due to global risk easing helped gold recover from a temporary correction.

In addition, market participants continue to await important economic data and potential Federal Reserve policy decisions that could drive the direction of gold prices further. Inflation data or US interest rate policy are the main catalysts in the next few days.

5. Today’s Price Prediction & Short Strategy

Technically for today, the average forecast shows XAU/USD rallying towards the $4,800-$4,900 area before determining the next trend. A rebound around that level must be confirmed with strong buying volume for the chance of a continuation to the upside to be valid.

However, if XAU/USD fails to sustain a rebound above key resistance, a correction back below important support could occur. Investors and traders are considered to maintain their position levels and monitor technical breakouts when important macro data is published.

Conclusion

Gold prices (XAU/USD) today are in a technical rebound phase after the previous correction. Prices are moving higher around $4,800 per ounce, with resistance near $4,900 being the key to short-term direction. Currency movements and US economic data are the main factors that will determine the next direction of XAU/USD.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• FXStreet. Gold Price Forecast:Will XAU/USD defend 21-day SMA on a daily closing basis. Accessed February 3, 2026.