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