Forex Trading Library

Gold – 21.01.2026

By Rami Abu-Draa On Jan 21, 2026

Gold managed to met targets 4700 and 4800.

As we see from the chart, the market is facing a trend resistance zone at 4840-60 which could push for a correction towards the 4640-60 zone.

Above 4860, the market could build a further advance wave towards 5000 and 5200.

	SUPPORT	RESISTANCE
LEVEL1	4815	4840-60
LEVEL2	4783	4900
LEVEL3	4715	5000

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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