#3960-level

Gold Technical Analysis: Below 4,000, Next Support 3,960

4,000 has flipped from support to resistance, and the 4,026.038 neckline has been closed through, which turns the double top from possible into valid and brings the measured target at 3,903.48 into range. Below the market sit three steps: 3,960 as the divide named by both Myfxbook and StockWire, 3,919 as the 4 November low, and 3,903.48 where the pattern projects. This piece lays out three scenarios with explicit kill switches, plus reference entries, stops and targets on both sides with the risk-reward math shown. It also flags the session's key variable, weekly jobless claims at 21:30 with a prior print of 189,000, and explains why chasing shorts at 3,984 is the worst trade on the board while a rebound into 4,050 is where the asymmetry sits.