Looking at the gold market on H4 interval, one can see that the price is once again testing the key resistance area. The zone marked with a purple colour on the screen below results from the upper limit of 1:1 structure and previous price reactions. According to the classic technical analysis, as long as the price sits below the $1,915, continuation of the downward move looks possible. However, one should keep in mind that the chance of breaking above increases with each subsequent test.
GOLD H4 interval. Source: xStation5
Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains 💡
Has the precious metals bubble burst❓ SILVER dips over 33% in a single day 🚨
Three Markets to Watch Next Week (30.01.2026)
⏬Silver below $100, Gold breaches $5000