Weekend update · 24 October 2026
Weekend Update: support retest
Gold slid from the mid-October high near $4,190 into the $3,981–3,988 support zone, where buyers lifted it to about $4,030 by Friday morning. Friday afternoon’s sell-off erased that bounce and retested the zone; a sharp wick pierced $3,981 before closing back above. The week ended near $3,995.
XAUUSD
≈ $3,995
Friday close · H1 chart
Support zone
$3,981–3,988
Levels 4 / 3 · tested twice
Pivot
$4,030
Friday high · lower-high cap
Catalyst
FOMC
27–28 Oct · next decision
Chart 1: XAUUSD H1 structure, 19–23 Oct, with order blocks, fair value gaps (FVG) and liquidity marks. Price returns to the $3,981–3,988 zone (Levels 3 and 4) after the Friday sell-off. Source: MT5 terminal; chart times are broker server time, not UK time.
Educational market commentary for information and knowledge sharing only. Not investment advice. Disclaimer & risk warning.