Daily Gold Analysis | Jan 18, 2026 (Sunday)

Hello, let’s have a gold analysis today, January 18th, 2026. Our previous analysis was that, well, gold comes down to these zones (4596) and from these zones (4586) it gets supported again, gets a boost upwards. And exactly in the live trading session we had on Friday, we caught this move and made a really good profit in the market (zone: 4600).

But the rest of the story. Well, moving on, gold started to drop with a move with some news that was actually released, but we can’t say that the only reason for gold’s drop was the news that came out. If we draw a Fibonacci from the previous low, from the start of our move which is exactly here (zone: 4641), we can draw a Fibonacci. We see that it reached up to 50% between 0 and 23.6%, all the levels on our Fibonacci.

We had an upward move and from here exactly (zone: 4617), the market started to drop, right at the 38% level. That Fibonacci level matched up with the breakout we had from here (zone: 4552). The market started its upward movement again.

What should we expect from gold at the moment? We can set up two scenarios for gold. One is that gold from exactly where we see it now moves directly upward and gives us the targets we had in mind, which could first be these zones (zone: 4700) and in the second stage higher zones. With the opening of the Asian market on Monday, we might see this move from gold.

The second scenario we can consider for gold is this, that it comes down and we see support again at the 38% level and from there (4560), it starts its upward movement again. We can’t expect a downward move alone to say that gold has become completely bearish. If the 38% Fibonacci level can’t support it and gold drops further, we can expect that it will test lower levels and overall our outlook on gold will turn bearish.

But for now, our outlook is bullish. Just as the market is bullish, we expect that it will either continue its movement from right here (zone: 4700), or it might revisit these levels again and then continue its movement from there (zone: 4750). It could even continue upward from here, for example, it might reach these levels as well (zone: 4570).

We have to wait and see with the opening of the Tokyo market and the start of the London market on Monday, we should see what move it makes and trade accordingly. Even though from an analytical perspective our stop was hit, in the trades we executed live on Friday our stop was not hit. And if you check the live sessions on the FinPip Arabic YouTube channel, you’ll see that we were able to take our profit from the market. Wishing you happiness and success.