Gold price trades at $4,156 as analysts monitor $4,140 support zone

Gold prices have pulled back from their 2026 highs, with the spot price of XAU/USD trading at $4,156 as of October 13. Analysts are closely watching the $4,140 support level, which appears to be a significant threshold for determining the direction of gold’s next move. One market analyst highlighted the importance of the $4,150–$4,160 range, suggesting this zone may offer buying opportunities if it holds. The analyst noted that a sustained position above $4,150 could support a potential bullish scenario and position gold for a rebound towards resistance at $4,200.

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