This article provides a technical and macroeconomic outlook for XAU/USD (Gold) as of October 2026. It analyzes the interplay between hawkish central bank expectations—driven by persistent U.S. inflation (3.7% CPI)—and gold’s long-term bullish technical structure. Highlights include FedWatch interest rate probabilities, key technical levels (support at 4,000–4,120, resistance at 4,260–4,408), a bullish flag pattern within a broader uptrend, and recent COT sentiment data.
20-10-2026 01:54 GMT
by Moheb Hanna
