Gold price plunged below the psychologically critical $4,000 level on Monday, losing over 3% after its steepest single-day decline since 2020, as investors reduced safe-haven positions following breakthrough progress in US-China trade negotiations. The precious metal continues its retreat today (Tuesday), 28 October 2025,, down another 1% to $3,963.53 per ounce, marking a three-week low and the first sustained move below $4,000 since the October rally stalled. In this article, I explore why the price of gold is going down, conduct a technical analysis of the XAU/USDT chart, and identify a key support zone, suggesting ... (full story)