Hello Everyone! Here is My Today's #XAUUSD (GOLD) Market Analysis
Please check it & share your opinions in the comments section Thanks! 🙏
Tuesday 22 January 2025
📊Gold Current Price: 2756
📊Key Pivot Point: 2750
📉Bearish Scenario:
If Gold breaks below the pivot point (2750) it is likely to test the first support levels at 2745 and 2735. Further downside momentum could push it into the demand zone at (2725 , 2718 and 2710 )
📈Bullish Scenario:
As long as #Gold remains above 2750, it is expected to maintain a #Bullish trend.
The first Buy resistance Targets are (2764) and (2774) Breaking above these levels could open the path to (2784 , 2790, and 2800)
📊 Key Levels;
✅Pivot Point: 2750
📉Support: Targets : 2745 / 2735 / 2725
📉demand zone 2718 & 2710
📈Resistance: Targets: 2764 / 27974/ 2784
📈 long term : 2790 & 2800
📊 Trend Outlook**
📈Bullish above 2750 /2760
📉Bearish below 2750/2745**
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