Gold resumed a rebound just a head of Fed Rate cut decision.
As we see over the Intraday chart, the market is facing a support zone at 3970-80, while resistance at 4050 could create a trading zone.
Above 4050 more advance toward 4115-30 will be expected.
Below 3970 more of a drop toward 3915 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3970-80 | 4050 |
| LEVEL2 | 3915 | 4115-30 |
| LEVEL3 | 3850-80 | 4160 |
Interesting setup here — the 3970–3980 zone does look like a crucial short-term support before the Fed decision. I’m curious whether a dovish tone from the Fed could push gold past 4050 toward the 4115 area you mentioned, or if traders might wait for confirmation before committing. Either way, this looks like a range worth watching closely going into the announcement.