Home / Analytics / XAUUSD H1: The Price Action Forecast for the Asian Session at 15.1.2026

XAUUSD H1: The Price Action Forecast for the Asian Session at 15.1.2026

During the previous trading session, XAUUSD demonstrated downward dynamics. On a longer time-frame, the upward trend still prevails.
The support and resistance levels:
The current support level is in the area of the 4599.52 mark.
The Bullish Doji Star pattern has formed here. This pattern is a combination of two Japanese candlesticks. The first candle is with a long real body, and the second candle is a doji, which opens with a gap up.
The current resistance level is at the 4643.02 mark.
The Bearish Engulfing pattern formed this level. It consists of two Japanese candles: the first candle is located inside the body of the second candle.
Trading recommendations:
The latest signal prioritizes short positions intraday.

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