Gold 1.12.2025
General bias:
Momentum has turned higher. Price has pushed through 4242.7 and is eyeing the next resistance near 4373.7 unless the breakout quickly fails.
Expected scenarios:
Bullish: Sustaining above 4242.7 favors continuation to 4315 and 4373.7.
Bearish: A drop back below 4242.7 signals a pullback toward 4173.8.
Key levels:
Resistances: 4242.7 – 4373.7
Supports: 4242.7 (now support) – 4173.8
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