Forex Trading Library

Gold –05.01.2026

By Rami Abu-Draa On Jan 5, 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

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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