NEWS: Gold price is rising 1.9% as an expected Federal Reserve rate cut provided mild support, while the lack of details on trade progress following Donald Trump’s meeting with Xi Jinping further underpinned demand.
Possible Scenarios:
If Gold fails to breach through R1 of 4012.6, our Research Department expects the Gold to undergo a short- term downward correction.
If Gold manages to break above its R1 of 4012.6, our Research Department expects the Gold to extend its gains to its R2 of 4049.3.
Support and Resistance Levels:
| Gold | S3 | S2 | S1 | Reference Price | R1 | R2 | R3 | 
| 3841.32 | 3878.02 | 3914.72 | 3963.66 | 4012.60 | 4049.30 | 4086.00 | 
Potential Profit or Potential Loss Calculations:
| 1 dollar per 1 trading lot* | USD | EUR** | GBP*** | ||
| (+/-) $100 | (+/-) €86.05 | (+/-) £75.78 | |||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16217
***GBP/USD = 1.31955
Calculations for exchange rate used as of Thursday, October 30, 2025,10:25 (GMT)