GOLD weekly special report based on 1.00 Lot Calculation:
JACKSON HOLE ECONOMIC SYMPOSIUM (2025):
- EVENT (THURSDAY- SATURDAY, AUGUST 21-AUGUST 23): JACKSON HOLE ECONOMIC SYMPOSIUM 2025. According to Investopedia, the Jackson Hole Economic Symposium is an annual symposium, sponsored by the Federal Reserve Bank of Kansas City since 1978, and held in Jackson Hole, Wyoming (USA), since 1981. Every year, the symposium focuses on an important economic issue that faces world economies.
THEME: The 2025 economic symposium is titled "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" and will be held from August 21 to August 23.
ATTENDEES: The symposium will host around 120 attendees, including central bank governors such as US Federal Reserve Chairman Jerome Powell, Bank of England Governor Andrew Bailey, and European Central Bank (ECB) President Christine Lagarde.
- EVENT (FRIDAY, AUGUST 22 AT 15:00 GMT+1): FED CHAIR JEROM POWELL SPEAKS. Since he took office in 2018, Fed Chair Jerome Powell has always delivered a speech at the Jackson Hole Symposium, sending important messages to the markets about next Fed monetary policy steps. This time, he will speak just about a month ahead of the next, highly-anticipated market interest rate cut on September 17, 2025.
LAST TIME (AUGUST 23, 2024): FED CHAIR JEROME POWELL SPOKE AT THE JACKSON HOLE ECONOMIC SYMPOSIUM. Mr. Powell said that Inflation had significantly gone down, implying the Fed's interest rate cut cycle could begin soon. Eventually, after Jerome Powell's speech in August (2024), Fed started its interest rate cut cycle on September 18, 2024, first lowering rates from their current 5.50% to 5.00%. By the end of 2024, interest rates fell to the current 4.5%.
STATISTICS (2024): GOLD PRICE ROSE 1.24% THE DAY JEROME POWELL SPOKE AT THE JACKSON HOLE SYMPOSIUM (AUGUST 23, 2024). A month after that, gold prices traded up 7.11%, while two months after the speech, gold prices traded up 10.53%. In total, since Mr. Powell's speech last year at the Jackson Hole Symposium, gold prices have risen by around 34%. It should be noted that past price behavior does not guarantee similar future reactions.
Data Source: Meta Trader 4 Platform
Please note that past performance does not guarantee future results
TECHNICAL ANALYSIS AND PRICE ACTION:
- SUPPORT AREA BETWEEN $3,300 AND $3,200: Gold prices have seen near-term support at $3,300, and an extended support level at $3,200, meaning the area between $3,300 and $3,200 acts as a near-term support area. Gold prices have tested the area between $3,300 and $3,200 seven times since April 2025.
- LONG – TERM UPTREND: Gold price has steadily kept above its long term dark blue trendline, indicating that the price is in an uptrend since at least January 2025. The prices could also move in the opposite direction if the price falls below the long–term trendline.
- GOLD ABOVE ITS MOVING AVERAGES: Gold price has kept above its 100–Day Moving Average, pointing to an uptrend. The trend could reverse if Gold goes below these averages.
- GOLD HIT A NEW ALL-TIME HIGH OF $3,499.76 (April 22, 2025): Gold has traded around $3,340, and if a full recovery takes place, the price of Gold could rise around $160. Although the price could also decline.
GRAPH (Daily): January 2025 – August 2025
Please note that past performance does not guarantee future results
GOLD, AUGUST 19, 2025.
Current Price: 3,340
GOLD |
Weekly |
Trend direction |
|
3,500 |
|
3,450 |
|
3,390 |
|
3,300 |
|
3,280 |
|
3,260 |
Example of calculation base on weekly trend direction for 1.00 Lot1
GOLD |
||||||
Pivot Points |
||||||
Profit or loss in $ |
16,000 |
11,000 |
5,000 |
-4,000 |
-6,000 |
-8,000 |
Profit or loss in €2 |
13,699 |
9,418 |
4,281 |
-3,425 |
-5,137 |
-6,849 |
Profit or loss in £2 |
11,835 |
8,136 |
3,698 |
-2,959 |
-4,438 |
-5,917 |
Profit or loss in C$2 |
22,105 |
15,197 |
6,908 |
-5,526 |
-8,290 |
-11,053 |
- 1.00 lot is equivalent of 100 units
- Calculations for exchange rate used as of 11:00 (GMT+1) 19/08/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.