Gold Forecast: Gold Falls Toward $4,000 as Bearish Momentum Builds – 28 October 2025
Gold prices dropped sharply on Monday, testing the crucial $4,000 support level as bearish sentiment grows and technical signals suggest deeper pullbacks ahead.

        
            Gold prices dropped sharply on Monday, testing the crucial $4,000 support level as bearish sentiment grows and technical signals suggest deeper pullbacks ahead.
        
            The S&P 500 continued its bullish run on Tuesday, trading near record highs at 6,880 as investor optimism builds ahead of the Fed’s interest rate decision.
        
            The Nasdaq 100 surged to record highs near 25,843 as upbeat sentiment on U.S.-China trade and the Fed’s expected rate cut fuels strong bullish momentum.
        
            AUD/USD surged on trade optimism and Fed rate cut expectations, with bulls targeting 0.6650 as key US and Australian economic events approach.
        
            Bitcoin hovers near $116K as traders anticipate a Fed rate cut, with bullish momentum building toward the $120K resistance amid strong technical and macro tailwinds.
        
            EUR/USD remains range-bound within a triangle pattern ahead of key Fed and ECB rate decisions, with a breakout likely to follow this consolidation phase.