NEWS: Gold price is increasing 1.8% as labor markets in the United States continue to indicate signs of slow down.
Possible Scenarios:
if Gold fails to breach through R1 of 4084.08, our Research Department expects the Gold to undergo a short- term downward correction.
If Gold manages to break above its R1 of 4084.08, our Research Department expects the Gold to extend its gains to its R2 of 4116.39.
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3933.30 |
3965.61 |
3997.92 |
4041.00 |
4084.08 |
4116.39 |
4148.70 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.21 |
(+/-) £76 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15998
***GBP/USD = 1.31583
Calculations for exchange rate used as of Tuesday, November 18 2025, 13:56 GMT