Forex Trading Library

Gold –27.03.2026

By Rami Abu-Draa On Mar 27, 2026

Gold added more of a drop yesterday as the market managed to hold above 4306 so far.
As we see over the Intraday chart, a potential Head & Shoulder reversal is under construction which could lead to a rebound towards the 4480-90 resistance.
Above 4490 more advance will be expected with resistances at 4545 and 4600-10.
Below 4350 more of a drop could hit the market as the previous support at 4306 could activate another advance.
Below 4306 more of a drop will be expected toward 4100.

	SUPPORT	RESISTANCE
LEVEL1	4400	4480-90
LEVEL2	4350	4545
LEVEL3	4306	4600-10

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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