XAU/USD Analysis for this week 3rd-Feb-2025 to 7th-Feb-2025

According to our last analysis, gold was preparing to reach a new all-time high, which we achieved only last week. The expectation is to get a good correction from the 2830 area to 2759-2764 or 2728-2733. Both can be good long entries. The 2760 zone is good for intraday trading, but the 2730 zone can be good for swing trading with at least 1-5 RRR.

This post is for weekly analysis. Meanwhile, if a good trade is activated, I'll post it here at the same time.

kind request to all while using our analysis please do your risk calculation always.