NEWS: Gold price increased 0.5% to hit new all-time highs amid broader geopolitical and economic uncertainty.
Possible Scenarios:
If Gold fails to breach through R1 of 3989.28, our Research Department expects Gold to undergo a short-term downward correction.
If Gold manages to break above its R1 of 3989.28, our Research Department expects Gold to extend its gains to its R2 of 4011.24.
Support and Resistance Levels:
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
3886.81 |
3908.76 |
3930.72 |
3960.00 |
3989.28 |
4011.24 |
4033.19 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.69 |
(+/-) £74.55 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16697
***GBP/USD = 1.34147
Calculations for exchange rate used as of Tuesday, October 7, 2025,14:10 (GMT+1)