[Gold] – [Wednesday, October 8, 2025]
With the condition of both EMAs crossing a Golden Cross and the RSI at Extreme-Bullish levels today, buyers still dominate XAU/USD.
Key Levels
1. Resistance 2: 4021.88
2. Resistance 1: 4003.09
3. Pivot: 3971.76
4. Support 1: 3952.97
5. Support 2: 3921.64
Tactical Scenario
Positive Reaction Zone: If XAU/USD successfully breaks above 3971.76, it has the potential to test its nearest resistance level of 4003.09.
Momentum Extension Bias: If 4003.09 is successfully broken and closes above it, it has the potential to strengthen Gold to 4021.88.
Level Invalidation/ Bias Revision
Upside bias weakens when Gold weakens and closes below 3921.64.
Technical Summary
EMA(50): 3980.10
EMA(200): 3924.35
RSI(14): 76.69
Economic News Release Agenda:
Today, there is a release of data from the United States Crude Oil Inventories at 9:00 PM WIB.
