- January 12, 2026
- Posted by: EWGFX
- Category: Technical analysis
Gold has shown strong bullish momentum recently, pushing price aggressively into a Fair Value Gap (FVG) resistance zone around 4565–4585.
Key Observations
Strong impulsive bullish move created an imbalance (FVG) just below the current highs.
Price is now reacting at the FVG resistance, where selling pressure is emerging.
Recent candles show upper wicks and hesitation, suggesting weakening bullish momentum.
Market structure remains bullish overall, but short-term correction is likely.
Key Levels
FVG Resistance: 4565 – 4585
Current Price: ~4568
Downside Target: 4481 (previous demand / liquidity zone)
Invalidation: Clear 2H close above 4585–4600
Trade Idea (Short-term)
Bias: Bearish correction from resistance
Entry Zone: 4565 – 4585
Target: 4481
Stop Loss: Above 4600