Technical Analysis Summary - January 6, 2026

Gold Analysis

Gold has shown a bullish reversal from a significant support zone, indicating a potential rise towards the resistance level of 4500.00. The support zone is identified between 4360.00 and the support trendline, which has previously acted as a strong resistance level.

EURAUD Analysis

The EURAUD currency pair has broken below a strong support level at 1.7465, suggesting a bearish trend. The next target for this pair is the support level at 1.7245, indicating a likely continuation of the downward movement.

IBM Analysis

IBM has reversed from a support zone, showing potential for an upward movement towards the resistance level of 305.00. The key support level is identified at 290.00, which aligns with the low of a previous wave.

Palladium Analysis

Palladium has reversed from a round support level of 1600.00, which was previously a strong resistance level. The analysis suggests a bullish outlook with a target resistance level of 1950.00.

Amazon Analysis

Amazon has broken through a resistance zone, indicating a bullish trend. The resistance zone was between 238.00 and the 50% Fibonacci correction level, with a target resistance level of 250.00.

Nikkei 225 Analysis

The Nikkei 225 index has broken above the resistance level of 51160.00, suggesting a bullish trend with a potential rise towards the next resistance level of 52860.00.

Ethereum Analysis

Ethereum has broken the round resistance level of 3000.00, indicating a bullish trend with a target resistance level of 3400.00. This movement is part of an active impulse wave that began at the end of December.

Platinum Analysis

Platinum has also reversed from a support zone, with a bullish outlook towards a resistance level of 4500.00. The support zone is identified at the round support level of 2000.00, which was previously a strong resistance level.