NEWS: Gold price is increasing 0.9% as FED’s Williams says interest rate cuts are still possible in December
Possible Scenarios:
If Gold fails to breach through R1 of 4079.82, our Research Department expects the Gold to undergo a short- term downward correction.
If Gold manages to break above its R1 of 4079.82, our Research Department expects the Gold to extend its gains to its R2 of 4111.93.
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3929.96 |
3962.07 |
3994.18 |
4037.00 |
4079.82 |
4111.93 |
4144.04 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.79 |
(+/-) £76.45 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15226
***GBP/USD = 1.30803
Calculations for exchange rate used as of Friday, November 21 2025, 12:55 GMT