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Gold saw significant moves at the start of the week, according to James Stanley. The precious metal is currently navigating between support at $4100 and resistance at $4400, with $4300 acting as nearby support and $4500 identified as the next key resistance level, which previously served as support. Another notable level highlighted is $4000, described as an obvious lower threshold.
Stanley has tracked developments across major asset classes in recent updates. He previously analyzed USD/JPY nearing resistance levels and the potential for a Ministry of Finance response. In a separate report, he covered oil's approach to $90 and resistance at $95, $98, and $100.