Gold is trading near $4,060. The Fed kept rates unchanged as expected but gave little guidance on what comes next, so gold is still stuck in the same range.
Price is holding the 4033–4030 zone we discussed earlier. But this zone has been tested several times now, and each test weakens it. A breakdown today is becoming more likely.
What I’m watching:
4090–4100 and 4112–4115 (resistance): My key selling zones. If price moves up and shows clear rejection from either zone, I’ll look for selling opportunities.
4033–4030: Current support, getting weaker with every test. A clean break below opens the way lower.
4017: A short-term bounce from here is possible, but honestly, I’m not confident about it. I’d rather stay out than force it.
4000: An important psychological level, but it isn’t giving much real technical support. Don’t rely on it.
3975 (support): The next real support. If gold holds here, I’ll look for buying opportunities. If it breaks below, I’ll wait for a liquidity grab and a recovery back above 3975 before thinking of buying.
Invalidation: A clean hourly close above 4115 cancels my selling view. A close below 3975 with no recovery means support has failed.
