Gold Spot / U.S. Dollar
Long
Updated

Retest breakout zone, gold price will continue to increase

230
XAU / USD trend forecast January 27, 2025

The Gold price (XAU/USD) experiences selling pressure at the beginning of the week, retreating from its recent highs near $2,786—the peak it reached on Friday, marking the strongest level since late October. A modest recovery in the US Dollar (USD), following its steepest weekly decline since November 2023, has weighed on the precious metal. However, the broader market fundamentals remain supportive of a bullish outlook, suggesting that buyers could emerge to capitalize on any price dips.

Gold price decrease creates liquidity, will continue to increase again

/// BUY XAU : zone 2754-2751

SL: 2746

TP: 50 - 150 - 300pips (2781)



Safe and profitable trading
Trade active
+ 140 pips , profit from entry BUY 2754-2751 , great BUY
Trade closed: target reached
+ 210 pips , crazy signal BUY 2751-2754. BIG profit

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.