NEWS: Gold price is falling -2.2% as Gold retreats from near all time highs
Possible Scenarios:
If Gold fails to breach through Reference Price of 4003.75, our Research Department expects the Gold to undergo a short- term upward correction.
If Gold manages to break below its Reference Price of 4003.75, our Research Department expects the Gold to extend its losses to its S1 of 3929.62
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3818.42 |
3874.02 |
3929.62 |
4003.75 |
4077.88 |
4133.48 |
4189.08 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.27 |
(+/-) £75.1 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15915
***GBP/USD = 1.33158
Calculations for exchange rate used as of Wednesday, October 22, 2025, 09:50 GMT+1