Strong Sell Signal: Gold Price XAU/USD Will Test the $4,400 Level

ProposalManiac · 2026-01-15T13:23:21+00:00

The essay discusses recent declines in gold prices, highlighting the focus on breaking the $4,400 support level. Geopolitical factors previously supporting prices are losing influence as traders await U.S. labor reports. Technical indicators suggest further price adjustments, with potential targets if support levels fail.

ProposalManiac

2026-01-15 13:23:21

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Increasing Selling Pressure in the Gold Market

In recent trading sessions, gold prices XAU/USD have experienced two consecutive days of decline. After gold failed to break above $4,500, selling traders are now focusing on a clear target: breaking the support level of $4,400. This shift reflects a broader downward momentum in the precious metals market at present.

Geopolitical developments in Venezuela, China, Iran, and Greenland, which were previously considered supportive factors for gold prices, seem to have temporarily lost their impact. This change signals that investors are shifting their attention to another factor: the upcoming U.S. Non-Farm Payroll report. This data is expected to provide further insights into the Federal Reserve’s monetary easing policies in the coming months.

Technical Indicators Signal a Reversal Trend

Currently, XAU/USD is trading at $4,428.46, just a small distance from the $4,400 level. This figure is not coincidental—it aligns with the 100-day Simple Moving Average (SMA), an important support level since mid-November, and also marks the peaks from December 31 and January 2.

The technical picture clearly confirms: gold prices are undergoing a deeper correction. Specific evidence includes:

MACD has turned negative: The MACD line has crossed below the Signal line, a typical bearish signal
RSI has broken below 50: The Relative Strength Index has fallen below 50, confirming that the market has entered a bearish zone

The gap between the current level and $4,400 is narrowing, indicating a potential next move.

Next Price Levels if Gold Continues to Decline

If XAU breaks below the key support at $4,400, it will open the way toward lower levels:

Nearest target: January 2 low at $4,309
Further targets: December 16 and 31 lows around $4,270

However, on the other side of the picture, gold long traders should note that the nearest resistance is Tuesday’s high around $4,500. Another important level to watch is the historical peak from December 26 at $4,449.

Those interested in the gold market in the coming days should closely monitor these two levels: $4,400 and $4,500.

(This technical analysis was prepared with the support of an AI tool.)

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