Gold 10.2.2026
Overall Trend:
Medium-term uptrend remains intact, with the market undergoing a corrective phase after a sharp rally.
Technical Outlook:
5100 acts as a clear resistance, while 4660–4550 forms a major demand zone.
Scenarios:
– Bullish continuation: A breakout above 5100 supports a move toward 5230 and new highs.
– Corrective move: Failure at resistance may lead to a pullback toward 4930 and the demand area.
Conclusion:
Overall bias stays bullish; current pullbacks are considered corrective within the uptrend.
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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