{"id":9800,"date":"2025-01-09T14:03:30","date_gmt":"2025-01-09T18:03:30","guid":{"rendered":"https:\/\/parmaks.com\/Resources\/gold-risks-further-losses-key-levels-to-watch\/"},"modified":"2025-01-09T14:03:30","modified_gmt":"2025-01-09T18:03:30","slug":"gold-risks-further-losses-key-levels-to-watch","status":"publish","type":"post","link":"http:\/\/parmaks.com\/Resources\/gold-risks-further-losses-key-levels-to-watch\/","title":{"rendered":"Gold Risks Further Losses \u2013 Key Levels to Watch"},"content":{"rendered":"

\"Profit<\/a>
\n<\/p>\n

Gold Price Drop to $2,315<\/h2>\n
\"\"<\/a>
Source: Action Forex<\/figcaption><\/figure>\n

Gold has experienced a significant decline, testing the $2,315 zone<\/strong><\/em>. A key declining channel is forming with resistance around $2,345 on the 4-hour chart<\/strong><\/em>. Meanwhile, EUR\/USD maintains gains above 1.0850<\/strong><\/em>, and GBP\/USD appears to be aiming for further gains above 1.2800<\/strong><\/em>.<\/p>\n

Gold prices began a fresh decline from the $2,450<\/strong><\/em> resistance against the US Dollar, moving below the $2,380 level<\/strong> <\/em>into a short-term bearish zone. The 4-hour chart of XAU\/USD<\/strong> <\/em>shows that the price settled below the $2,350 level<\/strong><\/em>, along with the 100 Simple Moving Average (red, 4 hours)<\/strong><\/em> and the 200 Simple Moving Average (green, 4 hours)<\/strong><\/em>.<\/p>\n

The price dropped to as low as $2,315<\/strong> <\/em>and is currently consolidating its losses. Key support is forming near the $2,315 level<\/strong><\/em>. A break below this support might lead to further declines, with the next major support near $2,300<\/strong><\/em>. Additional losses could drive gold prices toward $2,280<\/strong><\/em>. On the upside, immediate resistance is at $2,340<\/strong><\/em>, with the first major resistance near $2,345<\/strong><\/em>. There is also a key declining channel with resistance at $2,345<\/strong><\/em> on the same chart, which, if broken, could push the price higher toward the $2,380 level<\/strong><\/em>.<\/p>\n

The post Gold Risks Further Losses \u2013 Key Levels to Watch<\/a> appeared first on Dumb Little Man<\/a>.<\/p>\n

\"Profit<\/a>
<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold Price Drop to $2,315 Source: Action Forex Gold has experienced a significant decline, testing the $2,315 zone. A key declining channel is forming with […]<\/p>\n","protected":false},"author":1,"featured_media":9801,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-9800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-happiness"],"_links":{"self":[{"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/9800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/comments?post=9800"}],"version-history":[{"count":0,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/9800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media\/9801"}],"wp:attachment":[{"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media?parent=9800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/categories?post=9800"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/tags?post=9800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}