Gold Under Pressure, Down to the Earth's Core!
Gold was under pressure in the Asian session on Wednesday (October 22, 2025) as the US dollar strengthened and real Treasury yields remained high, increasing the opportunity cost of holding non-yielding assets. Risk sentiment also improved following easing US-China trade tensions and the prospect of an end to the US lockdown this week, which eroded demand for safe-haven assets.
At the same time, the market readjusted expectations for a slower Fed rate cut after relatively solid US data, a combination that is usually negative for gold. After rallying to a new record, coordinated profit-taking increased intraday selling pressure.
The gold price at the time of this analysis was released was $4,026
- Buy if the price moves within the $4,031 range
- Sell if the price moves within the $4,036 range
Resistance 2: $4,044
Resistance 1: $4,037
Support 1: $4,031
Support 2: $4,024
Disclaimer:
This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
