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[Gold] – [Thursday, October 23, 2025]
Considering the EMAs position which still in a Death Cross configuration and the RSI indicator remains in the Neutral-Bearish zone, Gold has the potential to extend its decline today.
Key Levels:
1. Resistance. 2 : 4244.28
2. Resistance. 1 : 4170.97
3. Pivot : 4087.50
4. Support. 1 : 4014.19
5. Support. 2 : 3930.72
Tactical Scenario:
Pressure Zone: If gold breaks down and closes below 4,087.50, it may continue its decline toward 4014.19.
Momentum Extension Bias: If 4014.19 is breached and closes below, gold could try to test the 3930.72 level.
Level Invalidation / Bias Revision:
The downside bias is invalidated if the price successfully breaks and closes above 4244.28.
Technical Summary:
EMA(50) : 4095.89
EMA(200): 4175.20
RSI(14) : 47.12
Economic News Release Agenda:
Tonight there will be data release from United States :
US - Existing Home Sales - 21:00 WIB
US - Natural Gas Storage - 21:30 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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