empty
 
 
08.04.2026 07:38 AM
Technical Analysis of Gold Intraday Price Movement. Wednesday, April 08, 2026

Gold

With the appearance of a Bearish Divergence between RSI with price movement, then there is potential for gold to weaken again and fall towards its nearest support level

Key Levels

1. Resistance. 2 : 4787.01

2. Resistance. 1 : 4744.36

3. Pivot : 4675.72

4. Support. 1 : 4633.07

5. Support. 2 : 4564.43

Tactical Scenario

Pressure Zone: If the price breaks below 4787.01, there is potential pressure on Gold towards 4744.36.

Momentum Extension Bias: If 4744.36 is successfully broken below, Gold has the potential to move towards 4675.72.

Invalidation Level / Bias Revision

Downside bias is maintained if the Gold price strengthens and breaks above 4855.65.

Technical Summary

EMA(50) : 4724.47

EMA(200): 4667.76

RSI(14) : 54.73

Economic News Release Agenda:

The following economic data will be released from the United States:

US - Crude Oil Inventories - 21:30 WIB

US - 10-y Bond Auction - 00:01 WIB

US - FOMC Meeting Minutes - 01:00 WIB

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback