Gold price is falling -1.3%
November 12, 2026
NEWS: Gold price is falling -1.3%, approaching its lowest level in more than one year as a stronger U.S. dollar continues to weigh on precious metals.
Possible Scenarios:
If Gold fails to breach through S1 of 3876.10, our Analysis Department expects Gold to undergo a short- term upward correction.
If Gold manages to break below its S1 of 3876.10, our Analysis Department expects Gold to extend its losses to its S2 of 3854.46
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3832.82 |
3854.46 |
3876.10 |
3904.96 |
3933.82 |
3955.46 |
3977.10 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €90.21 |
(+/-) £75.43 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.10851
***GBP/USD = 1.32581
Calculations for exchange rate used as of Thursday, November 12, 2026, 13:35 GMT