Gold continues to trade in a tight range, holding just above the MA50 and approaching the MA200, as buyers attempt to regain short-term control. The metal is currently hovering around 4025, with price consolidating below the 4042 resistance — a key barrier that has capped upside attempts in recent sessions.
If bulls manage a clean break above 4042, the next resistance stands at 4090, followed by 4120. However, failure to break higher could see price rotate back toward 3990 and the First Reaction Zone (3957–3918) for potential support.
A deeper pullback below 3918 would shift focus toward the Support Zone (3884–3851) and the HTF Support Zone (3820–3781) — areas where stronger buying interest has previously emerged.
📌 Key levels to watch:
Resistance:
4042
4090
4120
Support:
3990
3957
3918
3884
🔎 Fundamental Focus:
The ongoing U.S. government shutdown, now in its fifth week, has significantly disrupted the release of key economic data, leaving traders with limited insight into the real state of the U.S. economy.
This uncertainty is keeping market sentiment cautious, with investors closely watching the few reports still being released — such as ISM Manufacturing PMI today — for clues on growth and inflation.
The lack of reliable data continues to support safe-haven demand, with gold remaining sensitive to any signs of progress toward resolving the shutdown.
If bulls manage a clean break above 4042, the next resistance stands at 4090, followed by 4120. However, failure to break higher could see price rotate back toward 3990 and the First Reaction Zone (3957–3918) for potential support.
A deeper pullback below 3918 would shift focus toward the Support Zone (3884–3851) and the HTF Support Zone (3820–3781) — areas where stronger buying interest has previously emerged.
📌 Key levels to watch:
Resistance:
4042
4090
4120
Support:
3990
3957
3918
3884
🔎 Fundamental Focus:
The ongoing U.S. government shutdown, now in its fifth week, has significantly disrupted the release of key economic data, leaving traders with limited insight into the real state of the U.S. economy.
This uncertainty is keeping market sentiment cautious, with investors closely watching the few reports still being released — such as ISM Manufacturing PMI today — for clues on growth and inflation.
The lack of reliable data continues to support safe-haven demand, with gold remaining sensitive to any signs of progress toward resolving the shutdown.
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📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
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🟡 Free Telegram: t.me/SheTradesGold1
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.