Forex Trading Library

Gold –15.09.2026

Technical Analysis
By Rami Abu-Draa
Gold
0 39

Gold still facing drop pressure as market closing from Fed Rate hike tomorrow

Intraday showing chance for some volatility where support 4253-60 may activate rebound correction toward 4350-70 zone

Below 4253 more drop to test 4200-20 zone is likely which in turn may activate rebound correction toward 4250

 

SUPPORT RESISTANCE
LEVEL1 4253-60 4285
LEVEL2 4200-20 4318
LEVEL3 4165 4370
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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