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(XAUUSD) GOLD ABOUT TO FLY OR CRASH ...

Hello Everyone here is My Today's #XAUUSD (GOLD) Market Analysis

Please Check it & Share Your Opinions in Comments Section, thanks 🙏

Today on Monday 13 January 2025 Gold is currently trading at 2671 with a key pivot point at 2675.
The Market’s next movement depends on its behavior around this critical level:

📉Bearish Scenario: If Gold reamain below the pivot point (2675) it is likely to test the first #Support levels at 2666 and 2660. Further downside momentum could push it into the #Demand_Zone at 2650 and 2644.

📈Bullish Scenario: As long as #Gold remains above the pivot point (2675) it is expected to maintain a bullish trend. The first resistance levels are at 2690 and 2696. Breaking above these levels could open the path to targets at 2706 , 2715 and 2726

For the long term, watch for potential resistance at 2740 and 2746.

📊Key Levels
📊Pivot Point: 2675
📉Support : 2666, 2660, 2650
📈Resistance: 2690, 2696, 2706
📈Targets : 2706, 2715 , 2726
📈Long Resistance: 2640 2646

📊Trend Outlook
📈Bullish trend above 2675/2685
📉Bearish while Below 2675/2670

If You Like my Analysis Don't Forget to Like Follow & Comments 👍
İşlem aktif
GOLD Market Update (Monday 13 January 2025)

After the initial analysis, #Gold first broke below the pivot point (2675) hitting the first support levels at (2666 and 2660) extending further down to 2656.

This movement allowed us to secure (150 pips) on the sell side.

Following this #Gold rebounded rallying back to 2674 hitting the pivot area where we captured another (180 pips) on the buy side.

(Grand Totall 330 Pips)

#Current Status: Gold is now trading at (2671) and is expected to move between yesterday's

#First support (2666) and the #Pivot point (2675) until a clear breakout occurs.

📊Key Levels:
📊Pivot Point: 2675
📉Support: 2666, 2660, 2656
📈Resistance: 2675, 2690, 2696

📊Outlook:
📈Bullish Trend Above: 2675
📉Bearish Trend Below: 2666 & 2656

Let me know what you think, and don't forget to like, follow, and comment! 👍
İşlem kapandı: hedefe ulaştı
#GOLD Market Update (Monday 13 January 2025)

After the initial analysis the market continued to follow the outlined bullish trend hitting #All targets except the last one by just 20 pips.

📊Here's how the market performed:
📊Pips Captured:
📉Sell Side (2675 → 2656): 150 pips
📈Buy Side (2656 → 2674): 180 pips
📈Target 1 (2706): 320 pips
📈Target 2 (2715):110 pips
📈Target 3 (2724): 90 pips missed with 20 pips
📊Total Pips Captured: 850 pips

📊Market Summary: After breaking below the (pivot point of 2675 ) Gold tested support levels at (2666) and (2660) before reversing and rallying back above the pivot.

The bullish trend took Gold to the (2706) and (2715) levels, eventually reaching (2724) just shy of the final target of (2726)

Thanks for Supporting Keep Supporting for More Analysis thanks 🙏🏻

Feragatname