24 Oct 2025
📈 Gold Technical Analysis – Bullish Bias Holds
Gold trades slightly lower today, but the long-term bullish outlook remains intact as prices hold above the 100-day EMA. The upward momentum is supported by the 14-day RSI, which sits comfortably above 60, indicating sustained strength.
Key Levels to Watch:
Resistance: $4,218 (Oct 15 high), $4,330 (Oct 16 high), $4,365 (upper Bollinger Band)
Support: $4,066 (Oct 23 low), $4,000 (psychological level), $3,947 (Oct 10 low)
🧭 Short-term downside risks remain, but as long as gold holds above $4,066 and the 100-day EMA, the medium-to-long-term bullish structure stays intact.