Forex Trading Library

Gold – 05.02.2026

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Gold managed to test the edge of the resistance zone at 5100-200 yesterday before dropping towards 4800.
As we see from the Intraday chart, the market is facing supports at 4800 and 4745 which could lead to another advance towards the 5100-200 zone.
Below 4745 the drop pressure could sustain with supports at 4590 and 4400.

SUPPORT RESISTANCE
LEVEL1 4745 4895
LEVEL2 4590 4990
LEVEL3 4400 5100
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