Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

Gold Forecast: Can XAUUSD Reach $5,000? #shorts #xauusd

24 Aug 2026 · 2 min

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1:54

In this YouTube short, Vladimir Ribakov revisits his previous weekly forecast that identified the $4,400‑$4,500 range as a pivotal bounce‑back level for gold (XAUUSD). Observing the current market, he notes a series of bullish technical signals: a higher‑high/higher‑low price structure, bullish divergence, and an RSI that is climbing above 50 with its own higher highs and lows. Based on these factors, Ribakov projects that gold could move up to the $4,800‑$4,900 zone and, with a high probability, test the $5,000 supply area. He emphasizes that as long as the mini‑consolidation above $4,500 holds, the range acts as a strong demand zone. His trading recommendation is to buy on pullbacks within this range, provided the key levels remain intact, positioning the market for a potential new all‑time high.

Chapters

And what all that means on the gold. So in the last weekly forecast, we discussed about the 4,400 up to 4,500 as a key level where I expect the gold to bounce back before very possible scenario of the rally to continue. And that's what happens with the gold right now. And the biggest question is right now, So what's coming next? Are we going for a new all-time high? I think it's a little bit too early to judge that, but on the shorter term, the way it behaves right now, the facts are bullish. This is a bullish divergence. This is a bullish price structure, higher highs, higher lows. RSI climbs, making its own higher highs, higher lows, and holding above 50. There are no ending signs, which makes me think the gold is heading to 4,800 up to 4,900, and with high, very high probability, it's going for this little range here. Take a look, which looks not significant but is extremely significant as a supply area, and all that is about 5,000. So for me, the gold is back on bullish, and any pullbacks here I believe should provide further buys. What are the key levels to pay attention to? This mini consolidation above the 4,500, as long as it holds. This range as a strong demand area as well. As long as these 2 levels hold here, uh, I would be looking to buy these retraces. And if there will be no surprises, I think the gold is heading all the way to $4,800, maybe even $5,000.