Forex Trading Library

Gold –12.10.2026

By Rami Abu-Draa Last updated Oct 12, 2026

Gold managed again to rebound toward the 4200 resistance zone.
As we see over the chart, this resistance zone could push again for another drop towards the 4095 support.
Above 4235, more advance is likely toward 4315.
Below 4095 a chance for a further drop toward 4045 is expected.

	SUPPORT	RESISTANCE
LEVEL1	4169	4200-35
LEVEL2	4095	4275
LEVEL3	4065	4315

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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