Forex Trading Library

Gold –12.02.2026

By Rami Abu-Draa On Feb 12, 2026

Gold has so far held its advance momentum as short term indicators show a risk for another dip toward 4600.

However, the Intraday levels show a chance for this advance to continue for another high above 5120, as long as the market remains above 5035.

Below 5035, prices could face the start of a drop as the market will face supports at 5000 and 4930-65.

	SUPPORT	RESISTANCE
LEVEL1	5035	5120
LEVEL2	5000	5190
LEVEL3	4930-65	5260-80

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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