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Gold seems to have the opportunity to continue the strengthening toward its nearest resistance level.

Gold seems to have the opportunity to continue the strengthening toward its nearest resistance level.

Technical analysis

2025-12-01 05:08:28

btc_content4_4 Arief Makmur

#Gold #For beginners #TechnicalAnalysis

[Gold]

With both EMAs which still intersects the Golden Cross and the RSI in the Neutral-Bullish level, Gold has the potential to strengthen today.

Key Levels

1. Resistance. 2 : 4273.12

2. Resistance. 1 : 4254.94

3. Pivot : 4199.01

4. Support. 1 : 4171.83

5. Support. 2 : 4124.90

Tactical Scenario:

Positive Reaction Zone: If the price of XAU/USD breaks out and closes above 4254.94, it may move toward 4273.12.

Momentum Extension Bias: If 4273.12 is broken, Gold may continue its upward movement up to the level of 4320.05.

Invalidation Level / Bias Revision:

The upside bias weakens if the price of Gold declines and breaks below 4124.90.

EMA(50) : 4198.95

EMA(200): 4157.82

RSI(14) : 69.91

Economic News Release Agenda:

Tonight, the following important economic data will be released from the United States:

US - Final Manufacturing PMI - 21:45 WIB

US - ISM Manufacturing PMI - 22:00 WIB

US - ISM Manufacturing Prices - 22:00 WIB

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