Key Signal Analysis

Gold prices have held the $4,000–$4,021 support zone and reclaimed positions above both the 50-period moving average ($4,021.55) and the 100-period moving average ($4,038.93), allowing the bulls to regain the short-term technical advantage.

Next upside targets for the bulls: establishing a firm footing above $4,064.08; a successful breakout would target $4,100.37, followed by $4,139.71.

Short-term downside targets for the bears: pushing the price below $4,021.28; a break below this level would target $4,000, followed by $3,990.15.

First resistance level: $4,077.08, followed by $4,100; First support level: $4,021.28, followed by $4,000.