29.04.202608:45 Forex Analysis & Reviews: Technical Analysis of Gold Intraday Price Movement. Wednesday April 29, 2026

Relevance up to 23:00 2026-04-29 UTC--4

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GOLD

With both EMAs forming a Death Cross intersection, confirms that sellers remain dominant, so that Gold in the near term will bring Gold to move toward its nearest support level.

Key Levels

1. Resistance. 2 : 4763.45

2. Resistance. 1 : 4679.39

3. Pivot : 4616.83

4. Support. 1 : 4532.77

5. Support. 2 : 4470.21

Tactical Scenario

Pressure Zone: If the price breaks down below 4532.77, there is potential for continued pressure toward 4532.77.

Momentum Extension Bias: If 4532.77 is broken, Gold could move toward 4386.15.

Invalidation Level / Bias Revision

The downside bias is restrained if the price breaks out above 4763.45.

Technical Summary

EMA(50) : 4612.41

EMA(200): 4674.01

RSI(14) : 47.20

Economic News Release Agenda:

From the United States, the following economic data will be released:

US - Building Permits - 19:30 WIB

US - Core Durable Goods Orders m/m - 19:30 WIB

US - Durable Goods Orders m/m - 19:30 WIB

US - Goods Trade Balance - 19:30 WIB

US - Housing Starts - 19:30 WIB

US - Prelim Wholesale Inventories m/m - 19:30 WIB

US - Crude Oil Inventories - 21:30 WIB

US - Federal Funds Rate - 01:00 WIB

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