Gold price is rising 0.9%
October 27, 2026
NEWS: Gold price is rising 0.9% after once again testing its key $4,000 support level, and ahead of tomorrow’s Federal Reserve interest rate decision.
Possible Scenarios:
If Gold fails to breach through R1 of 4047.98, our Analysis Department expects Gold to undergo a short- term downward correction.
If Gold manages to break above its R1 of 4047.98, our Analysis Department expects Gold to extend its gains to its R2 of 4065.78.
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
3964.92 |
3982.72 |
4000.52 |
4024.25 |
4047.98 |
4065.78 |
4083.58 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €89.67 |
(+/-) £75.01 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11521
***GBP/USD = 1.33318
Calculations for exchange rate used as of Tuesday, October 27, 2026, 13:03 GMT+1