Hello Everyone Here is My Today's New #Xauusd Gold Analysis
Please check it and share your opinion.
Today on 2nd January 2025 Gold Currently Running at 2642 and Got rejected from 2647 for further bullish trend there for now it's Expected to be move between 2648 to 2635 until any breakout .
It may test the Resistance Zone 2648 & 2655 before Bearish but it will be #Bearish Hopefully
If Gold break the Resistance it can be violent there For our SL Will be 2663
Our First Possible Target is 2630 & 2625
AND If Gold Break the 2625 with H4 Closing below it will go for demand Zone 2606 to 2600
Trend #Bearish
Key Levels
Resistance 2648/2655
Stop Loss 2663
Supports
1(Take Profit 2630)
2(Take Profit 2625)
Long Take Profits 2606 & 2600
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