Gold $XAU key support levels are at 4110 and 4070 Both positions are good for going long There’s a possibility of stabilizing and rebounding The low consolidation in October corresponds to the correction after September’s big drop Similar to the June drop and July sideways accumulation this year The longer the sideways movement lasts, The stronger the upward trend will be The midterm elections in November could drive gold prices back up So when gold reaches the bottom of the range, go long boldly