Gold –06.01.2026

 

Gold met the target of 4425-30 and managed to break above it.

As we see over the chart, the market is closing towards the second target of 4467, which could lead to a correction with support at 4425-30.

As long as the market holds above the 4425-30 support, the advance wave could expand towards targets 4488 and 4520.

Below 4388 more of a drop towards 4303 will be expected.

 

SUPPORT RESISTANCE
LEVEL1 4425-30 4467
LEVEL2 4388-95 4488
LEVEL3 4303 4520

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