Forex Trading Library

Gold –10.07.2026

By Rami Abu-Draa On Jul 10, 2026

Gold managed to hold support at 4020-30 yesterday to meet the target of 4100 and above.
As we see over the chart, prices remain inside a triangle formation with support at 4050 and resistance at 4140.
A break of one of those triangle boundaries could push for further movement in the same direction.

	SUPPORT	RESISTANCE
LEVEL1	4050	4140
LEVEL2	4020	4200
LEVEL3	3940	4280

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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