Forex Trading Library

Gold –26.01.2026

Technical Analysis
By Rami Abu-Draa
Gold –26.01.2026
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Gold hit the first target today at 5000 as the second target remains towards 5200.
As we see over the chart, prices face supports at 5030 and 4960-65 as one of those supports could advance the wave towards the second target at 5200.
Below 4960 more of a drop will be expected with support at 4910.

SUPPORT RESISTANCE
LEVEL1 5065 5100
LEVEL2 5030 5150
LEVEL3 4960-65 5200
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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