Gold Daily Plan | Oct 21, 2026
Gold Daily Plan | Oct 21, 2026 – Base at 4105–4113, reclaiming the 0.618 H1 view: Since the 4199 high, gold has been printing lower highs and broke its rising trendline on Oct 19. But sellers keep failing at the **4105–4113 support**, which has held for two days and is building a base. Price is now pushing back above the **0.618 Fibonacci (4125.79)**. Fibonacci of the last bullish leg (4080.41 → 4199.21): - 0.382 → 4153.83 - 0.500 → 4139.81 - 0.618 → 4125.79 - 0.786 → 4105.84 Fundamentals: - Talks over the Strait of Hormuz pulled Brent back from above $110, which eases inflation fears a little. - The headwind: US 10-year yields are above 5.1%, and markets are pricing a Fed hike in December. That keeps rallies limited. - The Fed decision is next week. Today: US crude inventories and the






