Gold (XAUUSD) 2H Technical Analysis – FVG Resistance & Pullback

  • January 12, 2026
  • Posted by: EWGFX
  • Category: Technical analysis
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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