GOLD 2026-1-26

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GOLD 2026-1-26

#gold (January 26, 2026) 

5045 is considered the price level for Gold as it expands its upward range today.


Generally, just monitor around this level because it's uncertain how things will move once Asia officially enters the market. If there's another strong surge, it could trigger a price trigger. In that case, it will quickly rise to 5125-5135, then we'll see what happens next.


On a lucky note, if the price drops below 5030, gold is likely to slowly decline again for the remainder of today's trading session.


5045.5 is the identified continuation buy point. Stop loss at 5030 (green scenario). Aim for 5125 and 5135.


If you feel the take profit is too far, close the position using individual resistance levels (R1). For example, in this trade (if buying), stop loss = 15 points. Then R2 closes at 40%, R3 at 40%, R4 at 20%. R1 moves the stop loss... the general principle is like that.


Downside scenario: As I mentioned this morning, if the price falls below 5030, we start discussing a decline. In that case, the expected short entry point will still be around 5045, unless the price drops sharply, in which case the price zone will be adjusted to match the price movement.


European Session

The Asian session (official trading time) failed to extend its upward momentum - the peak price in the Asian session was established at 5086 => The correction phase may be deeper.


Although the price around 5045 is expected to see further gains, if trading, there are two points to note:


1. Only buy 30% - 40% of your volume, the nearest expected closing price is 5083.


2. If the price expands to the 5093/5096 range, a downward correction is likely.


My direct buying point is around 5011, stop loss at 5001/4099.


The target price remains unchanged, at 5083, 5096, and 5125 respectively.

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

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