Gold lower correction price zone: 2738 : SCALPING

27 sty

XAU / USD trend forecast January 27, 2025, SCALPING

Gold price (XAU/USD) remains under pressure as Monday's European session approaches, trading near the $2,750 mark, representing a 0.65% decline for the day. The pullback from Friday’s peak, the highest since late October at $2,786, is primarily driven by a rebound in the US Dollar (USD) from its lowest level in over a month, weighing on the precious metal. However, the underlying market conditions suggest caution against adopting strong bearish positions or anticipating significant further declines at this point.

Liquidity zone 2754, easy to overcome. Gold price adjusts more strongly, if it touches 2738, it can recover. Long-term frame is still in an uptrend.

/// BUY XAU : zone 2739-2736

SL: 2731

TP: 50 - 80 - 150pips (2751 )


Safe and profitable trading

27 sty

Zlecenie aktywne

+ 50 pips , signal BUY 2739-2736 . After that, the pressure of selling continues to promote a decrease in price