Gold price movement reversed upward from the 4,000 support zone, according to a technical assessment published on October 27, 2026. The assessment identified 4,100 as the next resistance level.
Gold price support zone
The reversal occurred in a zone that included the 4,000 level, a trendline marking the lower boundary of a daily downward channel, and the lower daily Bollinger Band.
The 4,000 level had previously reversed the price since June, while the downward channel dated from September.
Resistance above the reversal
The assessment identified 4,100 as a resistance level. It had served as support at the start of October.
The assessment also described the daily candlestick at the reversal as a bullish doji. These chart observations do not establish that gold will reach the resistance level.
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