S. government shutdown delayed the release of multiple key economic data, this week will see a concentrated wave of postponed data. The market generally expects these numbers to come in weaker, or at least not significantly above expectations. Once the data confirms economic cooling and controlled inflation pressure, a December rate cut will likely be confirmed, and may even pave the way for another cut in January 2026. All of this signals a potentially strong performance for gold.

Technical Analysis:
Gold is moving upward in a choppy pattern on the H4 timeframe and is running above the 48-day long-short dividing line. However, the MACD signal lines and histogram are shrinking above the zero axis. If the data unexpectedly turns hawkish, gold may see a short-term pullback, but the window for a trend-based short position is essentially closed.

Support & Resistance Levels:
1st Resistance: 4162.00, 4125.00
2nd Resistance: 4180.00, 4107.00