Gold make a correction and still looking for a strong support, to make a bullish continuation.
Bullish is getting strong due to the global economic situation. In the third week, it will continue its bullish movement. Last week I have loss at support, 2956 is the last strong support. For me, 3300 is the next psychological price to be reached. Good Luck !
XAUUSD has been made a correction on last Friday. Next week it would be a consolidation and bullish continuation to reach 3200 price level. Good Luck !
Superbullish on GOLD will take a continuation on April 2025. It not finish yet, the Bulls momentum so strong. I will add a daily chart for a perspective.
From all the data in the high time frame on the bitcoin chart, we see that the correction is still continuing. The correction target for Bitcoin is in the nearest support area, 66-67K zone.
Gold have a posibility to make a sideways movement before FOMC March 2025
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 !