GOLD
October 22, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Weekly Special Report: Gold
TECHNICAL ANALYSIS:
GOLD: OCTOBER 2026 PRICE REVIEW
- GOLD PRICE TESTED $4,100 OR BELOW: Three times in October 2026. Gold tested levels below $4,100 for the fourth time this month on October 22.
- AVERAGE PRICE LOW: $4,080.40.
- AVERAGE PRICE HIGH: $4,199.67.
- AVERAGE TIME TO RECOVER FROM LOW TO HIGH: 2.7 days
Data Source: Meta Trader 4
Please note that past performance does not guarantee future results
GRAPH (Hourly): October 2026 – October 2026
Please note that past performance does not guarantee future results
EVENTS
- FRIDAY, OCTOBER 23 AT 14:45 GMT+1: U.S. SERVICES AND MANUFACTURING PMI (OCTOBER). These indicators measure business activity in the U.S. services and manufacturing sectors. Lower than expected readings could signal weaker economic growth, potentially reducing expectations of further Fed interest rate hikes and supporting gold prices.
- TUESDAY, OCTOBER 27 AT 14:00 GMT+1: U.S. CB CONSUMER CONFIDENCE (OCTOBER). This indicator measures how confident American consumers feel about the economy. Lower than expected confidence could signal weaker consumer spending ahead, potentially supporting gold prices.
U.S. FEDERAL RESERVE (WEDNESDAY, OCTOBER 28):
- AT 18:00 GMT+1: U.S. FEDERAL RESERVE (FED) INTEREST RATE DECISION. The Fed interest rate currently stands at 4.00%, with markets expecting that interest rates will remain unchanged at the October meeting. This could put negative pressure on the U.S. dollar, supporting gold prices.
- AT 18:30 GMT+1: PRESS CONFERENCE (FED CHAIR KEVIN WARSH). Investors will closely watch Warsh’s comments on inflation, the economy, and future interest rates. If Mr. Warsh continues to downplay the likelihood of future interest rate hikes, this could weigh on the US dollar and support gold prices.
Gold, October 22, 2026
Current Price: 4,060
|
GOLD |
Weekly |
|
Market Trend |
|
|
4,200 |
|
|
4,170 |
|
|
4,130 |
|
|
4,000 |
|
|
3,975 |
|
|
3,950 |
Example of calculation based on weekly market trend for 1.00 Lot1
|
GOLD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
14,000 |
11,000 |
7,000 |
-6,000 |
-8,500 |
-11,000 |
|
Profit or loss in €² |
12,477 |
9,803 |
6,239 |
-5,347 |
-7,575 |
-9,803 |
|
Profit or loss in £² |
10,461 |
8,219 |
5,230 |
-4,483 |
-6,351 |
-8,219 |
|
Profit or loss in C$² |
19,637 |
15,429 |
9,818 |
-8,416 |
-11,922 |
-15,429 |
- The above calculations are made based on 1.00 lot which is equivalent of 100 units
- Calculations for exchange rate used as of 14:40 (GMT+1) 22/10/2026
You can use risk management tools such as Stop-Loss and Take-Profit.
