GOLD

GOLD weekly special report based on 1.00 Lot Calculation:

GEOPOLITICAL TENSIONS RISE ACROSS MULTIPLE THEATERS

• MIDDLE EAST TENSIONS RISE: US PRESIDENT TRUMP CONSIDERS OPTIONS TO SUPPORT IRANIAN PROTESTORS AS THE PROTEST ENTERS ITS 16^TH DAY (JANUARY 12). Tramp has stated that the US is closely monitoring the anti-government protests and is considering response options. On the streets, protestors could be heard calling for the overthrow of Iran’s Supreme Leader, Ayatollah Ali Khamenei, and the return of Reza Pahlavi, the exiled son of the former Shah.
• RUSSIA-UKRAINE CONFLICT WORSENS: RUSSIA RETALIATES AGAINST UKRAINE USING ORESHNIK MISSILES (JANUARY 9). Higher geopolitical tensions could lead to more safe-haven demand for Gold. Responding to Ukraine’s drone attack targeting Vladimir Putin’s residence in late December, Russia has used the intermediate-range ballistic missile “Oreshnik” as part of a massive overnight strike on Ukraine.
• VENEZUELA-USA CONFLICT ESCALATES: US ARMY ATTACKS VENEZUELA WITH AIRSTRIKES, CAPTURING VENEZUELAN PRESIDENT MADURO (JANUARY 3). According to Reuters, after a coordinated land and air strike, the US military captured President Maduro. US President Trump has threatened harsh punishments for the new interim leader, Delcy Rodriguez, if compliance with the U.S. is ignored.
• GREENLAND ISSUE: US PRESIDENT TRUMP RENEWED PUSH TO ANNEX GREENLAND (JANUARY 8). According to Reuters, US Secretary of State Marco Rubio would meet leaders of Denmark this week (January 12 – January 17), but signaled no retreat from President Donald Trump's aim to take over Greenland as alarmed allies, including France and Germany, were working on a response.

EVENTS:

• TUESDAY, JANUARY 13 AT 13:30 GMT: US INFLATION (CPI) (DECEMBER). A lower-than-expected reading of US inflation could be positive for Gold because it could point to more interest rate cuts by the FED in 2026. US inflation for the previous month stands at 2.7%, which is lower than the previous month’s 3%.
• WEDNESDAY, JANUARY 14 AT 13:30 GMT: US RETAIL SALES (NOVEMBER). Because the US is a consumption-driven economy, this data is very important since it signals the overall health of the economy. If the data comes out low, it could point to more interest rate cuts by the FED, thus supporting Gold. The results for the previous month stand at 3.47%, which is lower than the month before (4.18%).

GOLD: PRICE ACTION AND ANALYSTS' OPINION

• GOLD PRICE HIT A NEW ALL-TIME HIGH ON JANUARY 12, 2025 ($4,600.70). Since the beginning of 2026, gold has risen by around 7%, adding to its 64% price increase in 2025. However, the price could also decline.
• ANALYSTS’ OPINION: Bank of America forecasts $5,000; Societe Generale forecasts $5,000; Goldman Sachs forecasts $4,900; J.P. Morgan forecasts $5,055; HSBC forecasts $5,000; UBS forecasts $5,000; Morgan Stanley forecasts $4,800;

TECHNICAL ANALYSIS:

• GOLD TRADING ABOVE MOVING AVERAGES (MA). Gold has kept steady above its 20 -, 50 -, and 100-day moving averages, pointing to an uptrend. However, it could also decline.
• MID-TERM TREND IS UP. The overall trend of gold is up (dark blue trendline), since the beginning of 2025, with the trend accelerating since mid – August of 2025.

GRAPH (Daily): June 2025 – January 2026

Please note that past performance does not guarantee future results

GOLD, January 12, 2026
Current Price: 4,590

Example of calculation base on weekly trend direction for 1.00 Lot¹

1. 1.00 lot is equivalent of 100 units
2. Calculations for exchange rate used as of 10:00 (GMT) 12/01/2026

There is a possibility to use Stop-Loss and Take-Profit.

• You may wish to consider closing your position in profit, even if it is lower than suggested one.
• Trailing stop technique could protect the profit.