\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790<\/u><\/strong><\/u><\/strong><\/strong><\/p>\n\n\n\n XAU\/USD H4<\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n Gold continues to move in a wide sideways motion between the (R1) 1830 resistance and the (S2) 1785 support level. These levels have both been tested but not breached in January making them important for traders to keep in mind. The top, the (R1) has been tested clearly two times in January and was closely approached a third time on the 14th<\/sup>, making it a crucial barometer for Gold\u2019s price further appreciation. If the price action does break above the (R1) then the (R2) 1845 level can be tested first. Our highest resistance line is noted at the (R3) 1865 level that was used as a high back in November. In the opposite direction, if a selling interest arises we could see Gold moving closer to the (S1) 1805 support level that was used previously as a resistance. The price action, has risen above and submerged below the (S1) various time since December thus traders may have to use it with alertness due to the fact that it may be ignored occasionally. Lower, as we noted stands the very distinguished (S2) 1785 level which has not been breached to the downside for more than a month. At the end we keep the (S3) 1765 line as our lowest support and can be used as a pending order or a target in an extensive selling strategy. The RSI indicator remains above 30 for the time being confirming the bearish tendencies in the short-term. Overall we tend to maintain a sideways bias yet a break above the (R1) could signal bullish tendencies for Gold while a move below the (S1) could invite bearish ones.<\/p>\n\n\n\n![\"\"](\"\/wp-content\/uploads\/2022\/01\/xau-usd-4h-chart-18-01-2022-technical-analysis.png\" "\\"xau-usd-4\u6642\u9593\u30c1\u30e3\u30fc\u30c8\\"\/")
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