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08.10.2025 08:24 AM
Gold has the potential to strengthen and rise towards its nearest resistance. Wednesday, October 8, 2025.

[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.

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