Tuesday, 13 January 2026

Gold XAU=: Hitting P&F chart targets after a strong rebound from Cloud Chart support zones! Next major target is 4800 zone!

 Gold XAU=: Hitting P&F chart targets after a strong rebound from Cloud Chart support zones!

XAU hit a range of P&F chart targets: 3785/3938 etc. Next major target is 4800 zone! 

Beware a P&F chart reversal to signal the end to the current rally and a period of consolidation.




 



XAU had a great support rebound from the top end of the Cloud. The top and bottom end of the front end of the Cloud are key support zones! A bit of resistance to get past at the projected Cloud resistance around 4600 zone.

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