Why Gold Price Is Rising Today as XAU/USD Tests Breakout Toward $4,855
Wednesday, 12/08/2026 | 09:37 GMT
- Gold climbed 1.08% to $4,415.51 on Wednesday, its highest level in more than two months.
- A daily close above the falling trend line and $4,550 resistance would activate my $4,755 to $4,855 target zone.
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iFX EXPO Asia 2026
Hong KongiFX EXPO Asia returns to Hong Kong for its second edition, bringing together the businesses shaping the future of online trading across APAC.
SPONSOR/EXHIBIT
iFX EXPO Asia 2026
Hong KongFinance Magnates Summit London
LondonTrading Festival Mexico
Mexico
MORE EVENTS
Video
iFX EXPO International 2026 Highlights
Relive the highlights of iFX EXPO International 2026, where the global online trading community came together once again.
VIEW HIGHLIGHTS
See what people are saying about FMevents
MP Lisa Cameron
Parliamentarian's view on Connecting with Industry
‘I'm delighted to be here it's great actually to be out of parliament for the morning but also to be linking with people who are on the front line of the fintech industry’
Lory Kehoe | Coinbase
Coinbase is coming back!
‘It’s my first time here, but it certainly won’t be the last time I attend, so that’s a good sign!’
Lex Sokolin | Consensys
Thrilling Impressions of My First FMLS
‘It’s my first FMLS, at least as I can remember! I love it, it’s extremely lively, packed, a lot of industry players’
Tobias Bauer | Blockchain Fund
Exploring Fresh Horizons
‘The best thing here is that there’s a lot of new faces from the fintech, crypto and also the blockchain space so it’s been a great experience so far.’
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