January 22, 2026

| Support & Resistance Table | Level | Explanation |
|---|---|---|
| Resistance 2 | 4888.62 | Daily R2 |
| Resistance 1 | 4858.36 | Daily R1 |
| Support 1 | 4777.64 | Daily R2 |
| Support 2 | 4747.38 | Daily R1 |
| Indicator | Signal |
|---|---|
| SMA 20 | BUY |
| SMA 50 | BUY |
| SMA 100 | BUY |
| MACD( 12;26;9) | BUY |
| RSI (14) | SELL |
| Stochastic ( 9;6;3) | BUY |
| Indicator / Period | Day BUY | Week BUY | Month BUY |
|---|---|---|---|
| MACD( 12;26;9) | BUY | BUY | BUY |
| RSI (14) | SELL | BUY | BUY |
| SMA 20 | BUY | BUY | BUY |
| Status | Subject | SMS status | Indicators status |
|---|---|---|---|
| BUY | Simple Moving Average | Buy (3) | Sell (0) |
| BUY | Technical Indicators - Oscillators | Buy (2) | Sell (1) |
Gold prices are trading in today’s European session above 4800 levels.
Prices recovered slightly as we entered European trading as safe-haven demand recovered following Donald Trump’s speech in Davos. Meanwhile, Goldman Sachs raised its gold price forecast to $5,400.