NEWS: Gold price is falling 2%, pulling back on Tuesday, after it hit a new all-time high on Monday.
Possible Scenarios:
If Gold fails to breach through S1 of 4266.53, our Research Department expects Gold to undergo a short- term upward correction.
If Gold manages to break below its S1 of 4266.53, our Research Department expects Gold to extend its losses to its S2 of 4223.05.
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
4179.58 |
4223.05 |
4266.53 |
4324.50 |
4382.47 |
4425.95 |
4469.42 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.05 |
(+/-) £74.71 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16207
***GBP/USD = 1.33844
Calculations for exchange rate used as of Tuesday, October 21, 2025, 08:55 GMT+1