Forex Trading Library

Gold–15.10.2025

By Rami Abu-Draa On Oct 15, 2025

Gold held onto the second support zone at 4090, whilst managing to add more advance towards a new record high.

Our target is still towards 4235, and as we see over the Intraday chart, the market is facing support at 4140-45. If prices remain above this area, the advance could sustain toward 4235.

Below 4140 more of a drop could hit the market, while the second support zone is now at 4090-4110 which could re-activate the advance wave again.

	SUPPORT	RESISTANCE
LEVEL1	4165	4195
LEVEL2	4140-45	4215
LEVEL3	4110	4235

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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