After Bulls rally along 3rd week of JANUARY 2025 and retest 2727 resistance, Gold price have a posibilty to make a correction / pull back. It could be touch 50% - 61.8% of Fibo level.
As we have a bull rally today, this is my range forecast for CPI data release. Have a good luck !
After a bullish rally for 2 weeks, gold is predicted to continue its bullish streak towards resistance 2725. BREAK or RETEST 2725 ? We will pay attention to gold price movements in the 3rd week of January to make further forecasting. Have a good luck everyone !
GOLD have a rejection after January 2025 NFP bull's rally at 2680. It means, price action give a sign that next week, most likely there will be a correction / retracement.
This is range forecast before NFP at January 2025. There is a rejection at 2680 level area. And this is a rising wedge pattern. Good Luck everyone !