Technical Analysis: Gold - Monday, Jan. 5

Gold –05.01.2026


Gold managed to rebound again towards the 4405-10 zone and above.

As we see over the chart, the market is facing the first support around 4385. If prices remain above it, the advance test towards the 4425-30 resistance will still be ongoing.

Above 4430 more advance will be expected with resistances as we see from the chart.

Below 4385 more of a drop is likely with supports at 4345 and 4303.

  SUPPORT RESISTANCE
LEVEL1 4385 4425-30
LEVEL2 4345 4467
LEVEL3 4303 4488

More By This Author:

Intraday Analysis - Monday, Jan. 5
What Will Drive Forex In 2026?
Intraday Analysis - Wednesday, Dec. 31

Disclaimer: Orbex LIMITED is a fully licensed and Regulated Cyprus Investment Firm (CIF) governed and supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.