Gold futures test key support and resistance levels

Gold futures traded near $4,320.5 on September 25, down from a high of $4,422.1, with key technical levels set at $4,289 support and $4,352 resistance guiding the near-term outlook. The price remains below daily and weekly mean levels near $4,321 and $4,350, respectively. A sustained move above these means would improve the outlook, while rejection keeps the daily buy zone in focus. A drop below $4,289 would bring support clusters at $4,258–4,259 into view, while holding above $4,352 could open a test of $4,384 and then $4,403. The analysis cites a possible turn window around September 28–30, with subsequent dates at 30 and 60-day intervals. The Federal Reserve raised its target rate range by 25 basis points to 3.75%–4.00% on September 16, citing elevated inflation, which could pressure gold through higher yields and a firmer dollar, though geopolitical uncertainty may support demand.