Gold ST : Look for a drop towards 4,087 before a bounce

High Volatility
20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0.000%
2026-09-21 04:00Source:TC

Our pivot point is at 4,087.

Our preference: The technical picture is a bit hazy. Above 4,087, look for a rise towards 4,778

Alternative scenario: below 4,087, expect 3,773 and 3,586.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. The price is below its 20 period moving average (4,423) but above its 50 period moving average (4,291).

Supports and resistances:

5,158 *

4,968 **

4,778

4,378 last

4,087 **

3,773 *

3,586 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-21-2026 at 04:00 UTC+1

Price reference: 4378 last known on 09-21-2026 at 04:00 UTC+1

Investment horizon: ST

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Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

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