XAUUSD (Gold) | Technical Outlook | 7th Jan'2026Gold (XAU/USD) is trading near 4,465, witnessing a healthy pullback after testing the 4,500 resistance zone. Despite short-term consolidation, the overall trend remains strongly bullish across Daily, Weekly, and Monthly timeframes. Price continues to hold above key moving averages, indicating buyers are still in control.
Key Levels
Resistance: 4,500 – 4,525 – 4,550
Support: 4,450 – 4,415 – 4,380
Bullish Scenario:
Holding above 4,450 keeps the upside open toward 4,500+. A breakout above 4,505 may accelerate buying momentum.
Bearish Scenario:
A sustained break below 4,440 could trigger a corrective move toward 4,415–4,380, while the broader trend remains bullish above 4,360.
Intraday Strategy:
✔ Buy on dips near 4,450–4,435
✔ Buy breakout above 4,505
✔ Sell only below 4,440 (short-term)
Macro Triggers to Watch:
• US Dollar Index & Bond Yields
• Inflation data (CPI/PPI)
• Fed speeches & FOMC signals
• Geopolitical developments
⚠️ Disclaimer:
This analysis is for educational purposes only. Gold trading involves risk. Always use proper risk management and consult your financial advisor before taking trades.
