10/02/2026
XAUUSD UPDATE
Market Bias: Bullish with short-term consolidation expected. The bullish structure remains intact, with gold trading within an ascending channel and higher lows.
Key Levels to Watch:
- Support Zones:
- Primary: $4,625 - $4,700
- Secondary: $4,820 - $4,870
- Immediate Support: $4,987 - $5,016
- Resistance Zones:
- Immediate: $5,000
- Secondary: $5,035 - $5,064
- Major: $5,075 and $5,245