{"id":439978,"date":"2026-10-13T21:00:11","date_gmt":"2026-10-13T14:00:11","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-rebounds-after-the-run-to-the-100-and-200-hour-mas-found-buyers-439978\/"},"modified":"2026-10-13T21:00:11","modified_gmt":"2026-10-13T14:00:11","slug":"gold-rebounds-after-the-run-to-the-100-and-200-hour-mas-found-buyers","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-rebounds-after-the-run-to-the-100-and-200-hour-mas-found-buyers-439978\/","title":{"rendered":"Gold rebounds after the run to the 100 and 200 hour MAs found buyers"},"content":{"rendered":"<div>\n<p>Yesterday, I did a post-on gold sellers on the back of news Kazakhstan was selling some of the reserves. I spoke cautiously in regard to the move given the semi-holiday trading, but acknowledged that the precious metal was testing a key target near the 100 and 200 hour moving averages and that the area would help define the next move. <\/p>\n<p>See the post and the video <a href=\"https:\/\/investinglive.com\/education\/gold-falls-toward-hourly-moving-averages-can-sellers-keep-control\/\" rel=\"follow\">HERE<\/a><\/p>\n<p>Gold buyers ended up defending the \u00a0important technical area. The price has bounced higher in trading here today but those buyers still have work to do before claiming more control.<\/p>\n<p>The pullback tested the 100-hour and 200-hour moving averages (blue and green lines on the chart below), where willing buyers helped stall the decline. The price has since bounced above those levels and is trading near $4,184 in the supplied chart. That is good news for the buyers. The next challenge is getting above and staying above the resistance overhead.<\/p>\n<\/p>\n<p>Hourly moving averages define the risk<\/p>\n<p>The two hourly moving averages are nearly on top of each other:<\/p>\n<ul>\n<li>100-hour moving average: $4,157.82<\/li>\n<li>200-hour moving average: $4,157.78<\/li>\n<\/ul>\n<p>That makes the area near $4,158 the immediate support barometer. Stay above, and buyers keep the recovery alive. It also gives traders a level where risk can be defined and limited.<\/p>\n<p>Move below and stay below, however, and the support defense loses its significance. Sellers would regain more control, with attention turning back toward the recent lows.<\/p>\n<\/p>\n<p>Buyers still face an important ceiling<\/p>\n<p>On the topside, the next key hurdle is the swing area between $4,223.51 and $4,237.55. That area has acted as both support and resistance on a number of occasions going back to June.<\/p>\n<p>The 61.8% retracement at $4,229.43 sits inside that zone, adding another technical reason to pay attention when the price gets there.<\/p>\n<p>Buyers have defended support, but they have not broken the ceiling. Getting above and staying above the swing area would be a more meaningful step toward stronger upside control.<\/p>\n<p>Just above that zone is the 100-day moving average at $4,252.80. Buyers need to clear that level as well to strengthen the broader recovery. If they succeed, the next target would be the 50% retracement at $4,318.18.<\/p>\n<p>Conversely, if sellers lean against those resistance levels and the price rotates lower, the rally would remain a recovery within the larger decline from the late-August high.<\/p>\n<p>Trading education: Holding support is step one<\/p>\n<\/p>\n<p>This setup illustrates why traders should separate a successful support test from a confirmed change in the broader bias.<\/p>\n<p>Holding the hourly moving averages tells us buyers are willing to defend that area. It does not automatically tell us they can overcome the sellers waiting above.<\/p>\n<p>The sequence is straightforward:<\/p>\n<ul>\n<li>Hold above the hourly moving averages to preserve the recovery.<\/li>\n<li>Clear the swing area to overcome a repeatedly tested ceiling.<\/li>\n<li>Get above and stay above the 100-day moving average to strengthen the bullish bias.<\/li>\n<\/ul>\n<p>A brief move through resistance is only the first step. If the price cannot stay above it, sellers have a reason to lean against the level again. The follow-through matters.<\/p>\n<p>For now, support near $4,158 keeps buyers in the near-term battle, while $4,223.51\u2013$4,237.55 and $4,252.80 remain the upside hurdles. The price action will provide the next clue.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, I did a post-on gold sellers on the back of news Kazakhstan was selling some of the reserves. I spoke cautiously in regard to the move given the semi-holiday trading, but&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439978","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439978"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439978\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}