Gold Stands at Critical Support Level on OKX
The FXPROFESSOR is looking at the XAUUSD UM Futures Contract (Dec 2026) on OKX, and sees a market sitting right on a major support confluence. The key level to watch is 4,489.
If gold holds above this level, we can expect continuation toward 5,002. Momentum from geopolitics could fuel the upside, making it an attractive trade for those looking to capitalize on potential gains.
However, if support fails and gold loses 4,489, we can expect a rotation lower into the 3,998-3,921 zone, where liquidity sits. This is a critical level to watch, as it could indicate a breakdown in the market.