JAKARTA, KOMPAS.com - Investors should currently watch several key\ntechnical levels that can serve as references in reading the direction\nof gold price movements. The first support level is around USD 5,095,\nacting as the nearest psychological cushion for price movements. This\narea is important because it is typically a zone where buying interest\nstarts to emerge when prices are under pressure.<\/p>\n
Azharys Hardian, Investment Specialist at PT Korea Investment and\nSekuritas Indonesia (KISI), said that if selling pressure continues and\ngold price breaks through this level, market attention will shift to the\nnext support around USD 4,854. That level is viewed as a stronger\nsupport area because it has the potential to become a point of rebound\nfor gold prices before determining the next direction. Thus, these two\nlevels are areas investors should monitor to assess whether downside\npressure is temporary or starting to alter the existing trend\nstructure.<\/p>\n
\u201cThe key support and resistance levels at the moment, investors\nshould monitor the first support at USD 5,095 as the nearest\npsychological buffer. If selling pressure continues, the second support\nis at USD 4,854,\u201d Azharys said when contacted by Kompas.com on Thursday,\n5 March 2026.<\/p>\n
If gold price can convincingly break through that level, the upside\npotential will open further with the next target around USD 5,370. A\nbreakout above that level would be an important technical signal\nconfirming that the upward\/bullish trend is still ongoing, while also\nstrengthening market optimism about the potential for further price\nincreases in the next phase.<\/p>\n
\u201cOn the upside, resistance one at USD 5,244 becomes the first\nbarrier, with the next upside target at USD 5,370. Breaking through this\nlevel will confirm the continuation of the bullish trend,\u201d he said.<\/p>\n
The solid US economy means that expectations of easing monetary\npolicy by the United States Federal Reserve have not fully materialised,\nthereby restraining the pace of gold price gains in the short term.<\/p>\n
\u201cThe USD 5,400-5,600 scenario is quite realistic on a fundamental\nbasis, but is unlikely in the near term,\u201d Azharys added.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/gold-price-poised-to-test-support-at-usd-5-095-analyst-correction-still-healthy-in-bullish-trend-1772690389", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }