Gold price is falling 0.9 %
October 14, 2026
NEWS: Gold price is falling 0.9 % to its lowest level in five days after a report showed that U.S. inflation rose to 3.7% in September from 3.4% in August.
Possible Scenarios:
If Gold fails to breach through S1 of 4115.77, our Analysis Department expects Gold to undergo a short- term upward correction.
If Gold manages to break below its S1 of 4115.77, our Analysis Department expects Gold to extend its losses to its S2 of 4095.35
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
4074.93 |
4095.35 |
4115.77 |
4143.00 |
4170.23 |
4190.65 |
4211.07 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.65 |
(+/-) £75.62 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11540
***GBP/USD = 1.32244
Calculations for exchange rate used as of Wednesday, October 14, 2026, 1:36: PM