
The market managed to test again the resistance of 4635.
However, the Intraday chart shows the chance for a trading zone, if prices hold below 4635 with supports at 4560 and 4500. Each support has the chance to push the advance higher.
Above 4635-42 the market could gain more strength for another advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4600 | 4635-42 |
| LEVEL2 | 4560 | 4675 |
| LEVEL3 | 4500 | 4700 |
The post Gold –16.01.2026 appeared first on Orbex Forex Trading Blog.
