XAU / USD trend forecast January 2, 2025
Gold price (XAU/USD) edges higher to approximately $2,625 during early Thursday trading in Asia, supported by uncertainty surrounding Donald Trump’s tariff policies, ongoing geopolitical tensions, and central bank purchases. However, the Federal Reserve’s (Fed) cautious approach may limit further gains for the metal.
Markets await new developments that could shape the Fed’s interest rate outlook this year. In December, Fed Chair Jerome Powell indicated a measured approach to rate cuts following a 25 basis points (bps) reduction, potentially lending strength to the US Dollar and weighing on the USD-denominated Gold price.
Gold price recovers in early 2025, still maintains sideways price range, accumulating 2600 - 2650
/// SELL XAU : zone 2638-2641
SL: 2646
TP: 50 - 150 - 300pips (2611)
Safe and profitable trading
Gold price (XAU/USD) edges higher to approximately $2,625 during early Thursday trading in Asia, supported by uncertainty surrounding Donald Trump’s tariff policies, ongoing geopolitical tensions, and central bank purchases. However, the Federal Reserve’s (Fed) cautious approach may limit further gains for the metal.
Markets await new developments that could shape the Fed’s interest rate outlook this year. In December, Fed Chair Jerome Powell indicated a measured approach to rate cuts following a 25 basis points (bps) reduction, potentially lending strength to the US Dollar and weighing on the USD-denominated Gold price.
Gold price recovers in early 2025, still maintains sideways price range, accumulating 2600 - 2650
/// SELL XAU : zone 2638-2641
SL: 2646
TP: 50 - 150 - 300pips (2611)
Safe and profitable trading
Trade active
60 pips , signal SELL 2638-2641 . Then the price of Gold broke and continued to increase
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💠 Trend analysis: XAU, BTC, Currency,...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.