01.01.202618:07 Forex Analysis & Reviews: Trading Signals for GOLD for January 1-4, 2026: buy above $4,272 (200 EMA - rebound)

Relevance up to 11:00 2026-01-15 UTC--5

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Gold is trading around $4,318 within a downtrend channel formed since December 29. Gold is under bearish pressure, so we could expect it to continue falling in the coming days until it reaches strong support around $4,272.

If gold rebounds around $4,270 in the coming days, it could be seen as an opportunity to open long positions with a target at $4,375.

A sharp break below the 200 EMA and below the support formed since December 11 could enable a fall towards the 7/8 Murray located at $4,218. The instrument could eventually reach the psychological level of $4,000.

If the bullish force prevails and gold consolidates above $4,375, we could expect it to reach $4,437 in the coming days and, finally, return to the +1/8 Murray located at $4,531.

The Eagle indicator is showing signs of overselling, so it is likely that gold will continue to fall until it finds good support. From that level, a strong technical rebound could follow.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.