Wed, 29 Oct 2025 09:40:08 GMT
Gold technical analysis
XAU/USD is in a bearish correction after failing to hold near 4380.00 resistance. The price dropped below the 30.00, 60.00, and 90.00 SMAs, signaling a trend shift. The 30.00 SMA crossed below the 60.00 SMA, adding to downward momentum. The area near 4160.00 now acts as strong resistance.
The price found support at 3900.00 and is rebounding toward 4000.00,