Gold futures hold near $4,320 with key support at $4,289 and resistance at $4,352

Gold futures traded near $4,320.5 on September 25, down from a high of $4,422.1, with key support at $4,289 and resistance at $4,352, as markets weighed geopolitical tensions and Federal Reserve policy. The price remains below daily and weekly mean levels near $4,321 and $4,350, respectively. A sustained recovery above both would improve the outlook, while a drop below $4,289 could target support clusters at $4,258–$4,259. Holding above $4,352 may open a test of $4,384 and $4,403. The Federal Reserve raised its target rate range by 25 basis points to 3.75%–4.00% on September 16, citing elevated inflation. Higher yields and a firmer dollar can pressure gold, though inflation concerns and geopolitical uncertainty may support demand. Cycle dates around September 28–30 are timing hypotheses, not confirmed turns.