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Gold Price Today: Can $4,000 Hold as Traders Await the Fed?

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Gold Price Today: Can $4,000 Hold as Traders Await the Fed?
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Gold futures are stuck in a short-term range near the $4,000 level as traders look ahead to a Federal Reserve decision and press conference later today. The analysis cited $4,024–$4,025 as a tight resistance cluster buyers must reclaim, with a preferred bullish trigger of two consecutive 30-minute closes above $4,025. If that happens, potential targets listed were $4,029, $4,034, $4,042 and $4,052. A sustained move below $4,009 would be bearish, while nearby supports at about $4,005 and $3,995 reduce the appeal of shorting. August gold futures were around $4,011 after a rejection near $4,044–$4,045.

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