XAU/USD GoldOANDA:XAUUSDmlotussXAU/USD – Intraday Outlook | October 28, 2026 Gold is trading near the key pivot zone of $4,028–$4,036, a crucial area for short-term price direction. 📈 Bullish scenario: A sustained breakout above $4,036 could push gold toward $4,097–$4,115. 📉 Bearish scenario: A break below $3,997 could trigger further declines toward $3,978–$3,986, with extended support at $3,942–$3,958. Market outlook: Volatility remains elevated, making these key support and resistance levels essential to monitor. Technical scenarios based on illustrative chart levels, not live trading signals.