NEWS: Gold price is falling -1.0% ahead of Trump-Putin meeting happening on Friday in Alaska
Possible Scenarios:
If Gold fails to breach through S2 of 3332.93, our Research Department expects the Gold to undergo a short- term upward correction.
If Gold manages to break below its S2 of 3332.93, our Research Department expects the Gold to extend its losses to its S3 of 3322.32.
Support and Resistance Levels:
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
3322.32 |
3332.93 |
3343.53 |
3357.67 |
3371.81 |
3382.41 |
3393.02 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.61 |
(+/-) £73.68 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16810
***GBP/USD = 1.35720
Calculations for exchange rate used as of Thursday, August 14, 2025, 09:25 GMT+1