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#XAUUSD (GOLD) READY TO SELL .. WEEKLY ANALYSIS

Hello Everyone here is My Today's #XAUUSD (GOLD) Market Analysis
Please check & share Your opinions in the comments section thanks 🙏

Today, on Monday 20th January 2025 #Gold is currently trading at ( 2707 ) with a key pivot point at 2722. I am supporting the #Sell_Side today as the price remains below key levels.
The market’s next movement depends on its behavior around this critical level.

📉Bearish Scenario: If Gold remains below the pivot point (2722) it will bring Gold towards the following targets:
📉Target 1: 2696
📉Target 2: 2680
📉Target 3: 2670
📉Support: 2666, 2660
Before reaching these targets, Gold may test the First resistance zone at (2714 / 2720) but overall, the bias is to sell.

📈Bullish Scenario: If Gold breaks the pivot point ( 2722 ) and closes a 4-hour candle above it, this could open the path for further upside movement potentially testing the following resistance levels:
📈Resistance : Supply Zone : 2738/ 2744
📈Long-term Resistance: 2750/2760

📊Key Levels:
📊Pivot Point: 2722
📉Target 1: 2696
📉Target 2: 2680
📉Target 3: 2670
📉Support: 2666 2660
📈Resistance: 2714 / 2620
📈Supply Zone: 2738 / 2744
📈Long-Term Resistance 2750 / 2660

📊 Trend Outlook
📉Bearish Trend: Below 2722 & 2700
📈Bullish Trend: Above 2722 & 2730 with a confirmed close in a 4-hour candle

If you like my Analysis Don’t forget to like follow, and comment 👍Thanks 🙏🏻
עסקה פעילה
#XAUUSD (GOLD) UPDATE 20 JANUARY 2025

Hello Everyone here’s the latest #XAUUSD (GOLD) Market Update!

Our analysis played out #Perfectly 🎯 Let’s break down the moves:

📊First Move: #Gold respected our first resistance area (2714/2720) but initially hit (2712 )giving us +50 pips in buy 📈

📊Second Move: Gold dropped to (2701) hitting our sell targets and securing (+110 pip) in Sell 📉

📊Third Move: Gold rebounded and fully respected our #Bullish outlook, breaking through:
📈First resistance: 2714 / 2720
📈Supply zone: 2738 / 2744
📈Long-term resistance 2750 / 2760 (which has now been broken)

Gold is now running at 2752

Total Pips Secured:
📈Buy Trade: +50 pips from 2707 to 2712
📉Sell Trade: +110 pips 2712 to 2701
📈Bullish Breakout: 480 pips from 2701 to 2738 & 2744 Supply Zone

📈Extended Rally: 80 pips from 2744 to 2752

➡ Total: +720 Pips Today 🚀✅

📊Updated Market Outlook*

📈Bullish Scenario: Gold has broken above long-term resistance (2750 ) indicating strong upside momentum. If Gold break ( 2760) we could see further bullish movement towards 2775 and 2785 next.

📉Bearish Scenario: A rejection near (2755 /2760) could trigger a pullback toward (2738 /2722 ) before resuming an uptrend.

📊Key Levels to Watch:
📉Support : 2738 / 2722 / 2700
📈 Next Resistance Levels: 2755 /2660 / 2775 / 2785

✅Our Analysis Was Spot On!** Let me know your thoughts in the comments & share your feedback! 🚀📈

💬Did you catch these moves? Let me know below!

Thanks For Supporting 🙏🏻

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