GOLD

GOLD weekly special report based on 1.00 Lot Calculation:

WORLD ECONOMIC FORUM (WEF): DAVOS, SWITZERLAND

• EVENT (WEDNESDAY, JANUARY 21 AT 13:30 GMT): US PRESIDENT DONALD TRUMP WILL DELIVER A SPEECH. US President Trump is expected to attend the event along with many other world leaders. According to CNBC, Trump's keynote speech on Wednesday is likely to focus heavily on concerns back home despite the international setting.
• EVENT (JANUARY 19 – JANUARY 23): WORLD ECONOMIC FORUM (WEF) IN DAVOS, SWITZERLAND. According to Investopedia, founded in 1971 by Klaus Schwab, the WEF is best known for its annual meeting in Davos, Switzerland, which brings together political leaders, business executives, economists, celebrities, and journalists to discuss pressing global, regional, and industry agendas. A record 400 top political leaders, including close to 65 heads of state and government, six G-7 leaders expected, nearly 850 of the world’s top CEO’s and more than 100 leading pioneers will convene in Davos this year.

GEOPOLITICS: MIDDLE EAST

• MIDDLE EAST TENSIONS REMAIN HIGH: US MILITARY EQUIPMENT CONTINUED BUILDING UP IN THE MIDDLE EAST, NEAR IRAN. The US “USS ABRAHAM LINCOLN” carrier and its group is expected to arrive in the Middle East, near Iran, by the end of the current week. Other equipment and military assets remain on their way to the Middle East as well.
• BREAKING (JANUARY 21): 25TH DAY OF IRANIAN PROTESTS AND STREET CLASHES WITH IRAN’S FORCES.

GEOPOLITICS: GREENLAND ISSUE

• EVENT (THURSDAY, JANUARY 22): EU EMERGENCY SUMMIT IN BRUSSELS. According to Reuters, EU leaders will discuss options at an emergency summit in Brussels on Thursday. One option is a package of tariffs on 93 billion euros ($108 billion) of U.S. imports that could automatically kick in on February 6 after a six-month suspension.
• BREAKING (JANUARY 18): US PRESIDENT TRUMP ANNOUNCED 10% TARIFFS STARTING FEBRUARY 1, THAT WILL RISE TO 25% STARTING JUNE 1, 2026. TARGETED COUNTRIES: DENMARK, NORWAY, SWEDEN, FRANCE, GERMANY, THE UK, NETHERLANDS AND FINLAND. In a Truth Social post, US President Trump said the tariffs would be levied until such time as a Deal is reached for the complete and total purchase of Greenland, a largely autonomous territory that is part of Denmark.
• BREAKING (JANUARY 8): US PRESIDENT TRUMP RENEWED PUSH TO ANNEX GREENLAND AS THE U.S.A. INTENDS TO PURCHASE GREENLAND.

US FEDERAL RESERVE:

• WEDNESDAY, JANUARY 28 AT 19:00 GMT: US FEDERAL RESERVE (FED) INTEREST RATE DECISION. Fed Chair Jerome Powell is scheduled to host a press conference at 19:30 GMT. The FED will be having their interest rate decision, with most analysts expecting the interest rate to remain unchanged at 3.57%. However, the FED’s forward guidance could influence the price of Gold as the markets are still uncertain how many times the FED will be cutting interest rates in 2026.

TECHNICAL ANALYSIS AND PRICE ACTION:

• 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.
• GOLD PRICE HIT A NEW ALL-TIME HIGH ON JANUARY 21, 2026 ($4,888.20). Since the beginning of 2026, gold has risen by around 13%, 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; J.P. Morgan forecasts $5,055; HSBC forecasts $5,000; UBS forecasts $5,000; Citigroup forecasts $5,000;

GRAPH (Daily): June 2025 – January 2026

Please note that past performance does not guarantee future results

GOLD, January 21, 2026
Current Price: 4,860

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 12:00 (GMT) 21/01/2026

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.