Gold price analysis today shows that XAUUSD is trading within a balanced range. Despite improved sentiment surrounding US-China trade discussions, ongoing geopolitical tensions and uncertainty regarding the US government shutdown continue to support demand for safe-haven assets. This has kept gold fluctuating between the 4000 and 4200 levels, according to the latest Exness market commentary.

The gold market remains influenced by mixed global sentiment. While optimism regarding an upcoming meeting between US and Chinese leadership boosted risk appetite, renewed sanctions and broader political uncertainty have limited downside movement. The delay in key US economic releases also contributes to unclear expectations around Federal Reserve decisions, which typically increases volatility in XAUUSD.

Gold recently stabilized near 4122, recovering from earlier retracement. The price is currently moving between two converging exponential moving averages, suggesting continued consolidation.

Key Technical Levels Based on Current Range:

• Resistance Zone: 4160 – 4200
• Primary Support: 4000
• Secondary Support: 3900

If gold maintains levels above 4000, the price could continue to trade sideways within the 4200–4000 range. However, a break below 4000 may open the way toward the 3900 support area. Conversely, a clear move above 4160 would strengthen bullish momentum and potentially push price toward the upper boundary of the range.

For live charts, see: Gold Spot Chart

Data Source: Exness Market Commentary – 24 October 2025.