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 outlook is bullish, with a target resistance level set at 1950.00.

Amazon Analysis

Amazon has broken through a resistance zone, indicating a bullish trend. The next resistance level to watch is 250.00, following a breakout from the previous resistance zone between 238.00 and the 50% Fibonacci correction level.

Nikkei 225 Analysis

The Nikkei 225 index has broken above the resistance level of 51160.00, suggesting a bullish outlook with a target resistance level of 52860.00.

Ethereum Analysis

Ethereum has successfully broken the round resistance level of 3000.00, indicating a bullish trend with a potential rise towards the resistance level of 3400.00.

Platinum Analysis

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