#CryptoMarketSeesVolatility

Geopolitics Heating Up, Gold and US Dollar Price Movements Becoming More Unstable
The global financial market movements in the last week of April 2026 are still expected to be overshadowed by high uncertainty, amid escalating geopolitics, the direction of US monetary policy (AS) and commodity price fluctuations.
Currency and commodity analyst Ibrahim Assuaibi predicts that the US dollar index will move in the range of 96.60, with a resistance level of 102.50 next week.
On the other hand, gold prices are still showing high volatility. On Friday (24/4), global gold prices closed at the level of US$ 4.709 per troy ounce. Meanwhile, the price of Antam certified gold bars on Sunday (26/4/2026) was recorded at Rp 2.825.000 per gram.
Ibrahim estimates that if gold prices correct, the first support level is at US$ 4.651 per troy ounce, with domestic gold prices in the range of Rp 2.800.000 per gram. The next support is projected to be at US$ 4.520 per troy ounce, with a price of Rp 2.790.000 per gram.
Conversely, if gold prices strengthen, the first resistance level is estimated at US$ 4.779 per troy ounce, with Antam gold at Rp 2.865.000 per gram. Further resistance is expected to be at higher levels as global uncertainty increases.
Externally, tensions in the Middle East are one of the main drivers of market volatility.
Conflicts involving the US and Iran increase the risk of energy distribution disruptions, especially along the strategic route through the Strait of Hormuz.
The situation is becoming more complex despite talk of negotiation meetings between the two countries.
Hardline statements regarding the possibility of military action by both nations, as well as incidents involving the seizure of Iranian tankers, also further increase uncertainty in the global market.
If escalation continues, this situation could potentially disrupt the global oil supply chain, drive up energy prices, and increase global inflationary pressure.
On the policy front, the market is also watching the direction of the US central bank amid domestic political dynamics.
Changes in the composition of strategic officials are considered capable of influencing the direction of both foreign and monetary policy.
If US monetary policy is likely to tighten amid inflation pressure caused by a surge in energy prices, this could strengthen the US dollar while also restraining the pace of gold price increases.
However, on the demand side, the trend of gold accumulation by BRICS countries is a supporting factor.
This move is carried out as an effort to diversify foreign exchange reserves amid long-lasting global uncertainty that is expected to continue.
Therefore, when precious metal prices decline, it is the best opportunity for BRIS member central banks to build their wealth by purchasing precious metals.
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