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May 14, 2026
NEWS: Gold price is falling -0.8% as the U.S. dollar rises with the start of the U.S. trading session.
Possible Scenarios:
If Gold fails to breach through S1 of 4629.73, our Analysis Department expects Gold to undergo a short- term upward correction.
If Gold manages to break below its S1 of 4629.73, our Analysis Department expects Gold to extend its losses to its S2 of 4600.28
Support and Resistance Levels:
|
Gold |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
4570.83 |
4600.28 |
4629.73 |
4669.00 |
4708.27 |
4737.72 |
4767.17 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.57 |
(+/-) £74.11 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16869
***GBP/USD = 1.34941
Calculations for exchange rate used as of Thursday, May 14, 2026, 14:43 GMT+1