Forex Trading Library

Gold –16.12.2025

Technical Analysis
By Rami Abu-Draa
Gold –16.12.2025
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Gold dropped as prices trade inside the trading zone between support 4255-65 and resistance 4350-65.
Below 4255 more of a drop could hit the market with supports at 4205 and 4160-70.
Above 4381 more advance toward 4420 and above will be expected.

SUPPORT RESISTANCE
LEVEL1 4280 4350-65
LEVEL2 4255-65 4381
LEVEL3 4205 4420
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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