Gold’s Momentum: Will Trump’s Inauguration Drive XAUUSD to $2,75

10 saat önce

🌍 Market Overview
The financial world is closely watching gold prices as Donald Trump prepares to take office on January 20, 2025. With gold trading above $2,700, the market anticipates fresh momentum to push prices even higher.

💡 Insight:
Gold has solidified its uptrend in recent weeks, becoming a safe-haven asset amidst uncertainty. Whether XAUUSD can hit $2,750 depends on market sentiment and USD developments.

📊 Key Points to Watch This Week
Trump’s Policies:
His first statements will set the tone for USD. A dovish approach or heightened uncertainty could support gold.

📊 Key Technical Levels
$2,723 - $2,725: The primary resistance zone that, if broken, could lead gold to test $2,748.
$2,748 - $2,750: Key zone to watch for a potential breakout continuation.

Support Levels:
$2,694 - $2,690: The immediate support zone within the Fibonacci retracement at the 50% level.
$2,679 - $2,682: A critical support zone, aligning with the Fibonacci 61.8% level, which acts as a bullish defense.
$2,662 - $2,657: The 0.786 retracement level, representing deeper correction possibilities

DXY (USD Index):
The dollar is hovering near key support levels. A downside break could fuel gold’s rally further.

Market Sentiment:
During political transitions, investors often turn to gold as a safe-haven asset. This could sustain gold’s short-term uptrend.

🚀 Trading Strategy Ideas
Key Drivers for Gold:

Geopolitical tensions: Trump’s trade or international policies could boost gold.
Fed rate expectations: USD might weaken if rate cut expectations rise.
Investor sentiment: A risk-off market environment will likely drive gold higher.
Scenario Planning:

Bullish Case: If prices break $2,723, the next target is $2,750.
Bearish Case: If DXY strengthens, gold may pull back to $2,680.
🤔 What’s Your Take?
Do you think gold will surpass $2,750 this week?
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