Forex Trading Library

Gold –27.08.2026

By Rami Abu-Draa On Aug 27, 2026

Gold fell below the first support at 4595 as the market is still trying to test the second support at 4550.
As we see from the chart and as long as prices remain above the support of 4550, the advance scenario is likely to move towards more fresh highs above 4700.
Below 4525 more of a drop is likely with support at 4450.

	SUPPORT	RESISTANCE
LEVEL1	4525-50	4630-35
LEVEL2	4450	4696
LEVEL3	4320	4775

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.

USD/JPY –27.08.2026

Dow Jones–27.08.2026