📈 Gold Analysis (Jan 15–16, 2026)

📌 From January 15–16, gold traded with a firm but slightly cautious tone, moving within the $4,520–$4,580 range. After the recent rally, price action showed signs of consolidation as traders booked partial profits near highs, while underlying demand continued to support dips amid ongoing rate-cut expectations.

💡 Technical Outlook:

• Support zone: $4,480–$4,520 — a key demand area where buyers are likely to defend pullbacks.

• Resistance zone: $4,580–$4,620 — immediate upside barrier; a breakout could reignite bullish momentum.

• Trend sentiment: Bullish with consolidation. The broader uptrend remains intact, though short-term sideways movement suggests the market is pausing before the next move.

🔍 Market Focus:

• Profit-booking near recent highs

• Rate-cut expectations continuing to support gold

• Dollar and yield movements influencing short-term direction

🔥 MT5 Pro Tip:

Look for potential long setups on dips toward $4,480–$4,520. A sustained break above $4,620 could open the door for the next bullish extension.

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