Investment
Features
FeesSafety
Academy
More
Pluang+

Gold finds support at key Fibonacci level, hinting at possible short-term rebound.

Technical Signals
06 Oct 2026
FXEmpire
View Source
Neutral
Gold finds support at key Fibonacci level, hinting at possible short-term rebound.

Gold prices dropped to a new low of $4,104 before bouncing back, supported by the 78.6% Fibonacci retracement level. This technical support suggests a potential short-term rally, although the overall trend remains bearish with resistance at $4,226. A close above this resistance could signal a reversal, but caution is advised as further declines may follow after any recovery. Investors should watch the $4,104 support and $4,226 resistance levels closely for clues on gold's next move.

Gold prices recently touched a low of $4,104 before rebounding, a key support level noted in the forecast. For readers following US stock market activity on Pluang as of Oct 07, 2026 03:02 WIB: out of 150 priced US stocks, 86 rose and 61 fell. Notable movers include Norwegian Cruise Line Holdings Ltd (NCLH) at USD 15.60 with a 1-day change of +4.91% and Pluang order activity showing 26% Sell / 74% Buy, Cisco Systems Inc (CSCO) at USD 117.93 up +4.53%, and Carnival Corp (CCL) at USD 26.59 with 0% Sell / 100% Buy activity.

More News

Constellation Brands beats earnings and revenue estimates with strong beer and spirits sales.

Constellation Brands beats earnings and revenue estimates with strong beer and spirits sales.

Constellation Brands reported earnings per share of $3.74, surpassing analyst estimates of $3.55, and revenue of $2.63 billion, exceeding the $2.54 billion forecast. The company saw a 5% increase in beer sales and a 17% rise in wine and spirits sales...

Company Fundamentals
Bullish
4 hours ago
U.S. spot Solana ETFs see $3.7M outflows on Oct 6, continuing a recent withdrawal trend.

U.S. spot Solana ETFs see $3.7M outflows on Oct 6, continuing a recent withdrawal trend.

U.S. spot Solana ETFs experienced $3.7 million in net outflows on October 6, marking the second consecutive day of withdrawals. The Grayscale Solana Trust was the main contributor to this decline, while six other funds showed no net flow. Although th...

Market News
Bearish
4 hours ago
Tilray Brands to report Q1 2027 results with expected revenue growth and ongoing losses

Tilray Brands to report Q1 2027 results with expected revenue growth and ongoing losses

Tilray Brands will announce its fiscal Q1 2027 earnings on October 8, with analysts forecasting a loss of $0.16-$0.19 per share on revenues around $265-$268 million, marking about 26% growth from last year. Investors will focus on cannabis and bevera...

Company Fundamentals
Neutral
4 hours ago
Five stocks jump 21%-53% on news of acquisitions, blockchain, AI, and federal financing.

Five stocks jump 21%-53% on news of acquisitions, blockchain, AI, and federal financing.

On October 6, 2026, five notable stocks surged between 20.9% and 52.7%, driven by various positive developments. Apimeds Pharmaceuticals rose 52.7% after its subsidiary signed a blockchain contract, while Option Care Health gained 32.7% following a $...

Market News
Bullish
4 hours ago
Five stocks drop sharply on Oct 6, led by ArriVent BioPharma after lung cancer drug trial failure.

Five stocks drop sharply on Oct 6, led by ArriVent BioPharma after lung cancer drug trial failure.

On October 6, five notable stocks saw significant declines, with losses ranging from 17.5% to 50.1%. ArriVent BioPharma's shares plunged 46.9% after its lung cancer treatment failed to meet the primary endpoint in a Phase 3 trial. Armada Acquisition ...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App