Gold correction DOWN - bear pressure

3 dni temu

XAU / USD trend forecast January 28, 2025

Gold prices fell by more than 1% late Monday during the North American trading session, driven by a broader market sell-off sparked by heightened interest in Chinese AI firm DeepSeek. Despite the drop in US Treasury bond yields, the precious metal struggled to gain upward momentum. Meanwhile, the US Dollar recovered slightly from earlier losses but remained below the 108.00 level. At the time of writing, XAU/USD is trading at $2,738, having reached a daily high of $2,772.

Gold price moves within short downtrend line, continues to adjust target to 2710 area

/// SELL XAU : zone 2752-2755

SL: 2760

TP: 50 - 150 - 300pips (2725)


Safe and profitable trading

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Zlecenie aktywne

Wait for the price of gold to return to entry sell according to Fibonaccy 2752

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Transakcja zamknięta: osiągnięto wyznaczony cel

+ 50 pips , signal SELL XAU from entry 2755