Forex Trading Library

Gold – 07.11.2025

By Rami Abu-Draa On Nov 7, 2025

Gold is still holding a small trading zone as the market is hit with mixed signals between a drop wave or obtaining a rebound.

As we see over the Intraday chart, the market is facing a support zone at 3955-85, which could keep the chance for the advance towards the 4045 resistance zone.

Below 3955 more of a drop will be expected with supports at 3916 and 3887.

	SUPPORT	RESISTANCE
LEVEL1	3955-85	4025
LEVEL2	3916	4045
LEVEL3	3887	4100

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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