XAU/USD Feb '25 Outlook
January we have Gold in Bull trend towards the Chinese New Year which is very common. I think it will be due for a pullback, as seen by a sell-off during Asian session.
We have a candle displacement, taking liquidity at $2790 and now a retracement back.
The first week of February will be full of economic news from PMI, NFP and England's Bank Rate. I expect some volatility and will take 1-2 setups, probably avoiding Thu and Fri.
We have a candle displacement, taking liquidity at $2790 and now a retracement back.
The first week of February will be full of economic news from PMI, NFP and England's Bank Rate. I expect some volatility and will take 1-2 setups, probably avoiding Thu and Fri.
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