September 22, 2026
NEWS: Gold price is falling -0.8% following a stronger U.S. dollar.
Possible Scenarios:
If Gold fails to breach through S1 of 4274.66, our Analysis Department expects Gold to undergo a short- term upward correction.
If Gold manages to break below its S1 of 4274.66, our Analysis Department expects Gold to extend its losses to its S2 of 4248.15.
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
4221.64 |
4248.15 |
4274.66 |
4310.00 |
4345.34 |
4371.85 |
4398.36 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €87.26 |
(+/-) £74.81 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.14602
***GBP/USD = 1.33664
Calculations for exchange rate used as of Tuesday, September 22, 2026, 08:34 GMT+1
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