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Gold (XAU/USD) Price Forecast: Bulls Hold Control Near Record Levels
FX Empire· 2026-01-15 22:06
Upside Targets Frame Next Resistance ZoneGoing forward, a bullish continuation of the trend will be triggered on a new high and confirmed with a closing price above $4,643. That would put gold in a position to challenge potential resistance at the next upside targets at $4,664, $4,687, and $4,713. The middle target is the 161.8% Fibonacci extension of October bearish correction. Therefore, the target is derived from a short-term measurement. On the other hand, the two other price targets are from a long-ter ...