Gold Hits Fresh ATH fresh Support at 3790, Bulls Eye 3806 & 3850Gold printed a fresh all time high today and, so far, there are no signs of rejection on higher timeframes. The immediate level to watch on the downside is last week’s high near 3790, which now acts as key support. As long as price holds above this level on a 4H or higher close, bulls remain in control and may attempt a move toward the next resistance zone at 3800–3806, which is aligned with the weekly R1 and psychological round number resistance. A sustained breakout above this zone could open the door for a push toward 3850 (weekly R2). On the flip side, if sellers manage to drag price back below 3790 on a closing basis, we could see a deeper pullback before the next leg higher.
