Gold Prices Slump 1.65% as Technical Support Levels Break

Key Facts

1Gold prices fell by 1.65% to approximately $4,092, driven by strong selling pressure.

2Gold broke below its 100-hour and 200-hour moving averages, reinforcing a short-term bearish bias.

Gold prices fell by 1.65% to approximately $4,092 on October 14, 2026, driven by strong selling pressure. According to investinglive.com, the precious metal broke below its 100-hour and 200-hour moving averages, reinforcing a short-term bearish bias after buyers failed to sustain a rally above the $4,226.81 resistance level.

The technical breakdown has shifted focus toward defending support zones, with prices approaching last week's low of $4,066.21. This decline reflects ongoing momentum from prior dollar strength linked to oil-market volatility, as gold touched intraday levels of $4073.49 following the failure to reclaim key recovery hurdles.