18d • 📢 Updates
GOLD DAILY OUTLOOK
GOLD (XAU/USD) Daily Outlook
Gold has pulled back from the 4,691 swing high and tapped the 78.6% Fibonacci retracement at 4,107, a key level on the daily timeframe. Price is currently trading around 4,143, with today’s candle showing a bullish reaction off this zone.
Key Levels
- Support: 4,107 (78.6%), then 3,948 (swing low / 100%)
- Resistance: 4,232 (61.8%), 4,319 (50%), 4,407 (38.2%)
Bias: Bullish. Buyers may take control from this level, with room to retrace toward the 61.8% and 50% levels.
Invalidation: A daily close below 3,940 invalidates the bullish bias.
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GOLD DAILY OUTLOOK
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