XAUUSD Trade idea 23/01/2025
Gold analysis update: This week’s price action has played out as expected. We saw a key break of 2718 early on, which invalidated the triple top rejection and confirmed bullish momentum. Following that, price made a clean break and retest of the 2746 level, with yesterday’s daily candle closing bullish—though with less momentum compared to Tuesday’s 400-pip rally.
Today’s daily opened with an attempted retest of 2746, keeping the bullish bias intact above this key level.
For continuation, I’ll be watching for retest entries or a strong bullish close above the 2756 intraday level of interest. A break of 2756 could lead to a move toward the 2787 highs we saw in late 2024. #Gold #XAUUSD #Trading
Today’s daily opened with an attempted retest of 2746, keeping the bullish bias intact above this key level.
For continuation, I’ll be watching for retest entries or a strong bullish close above the 2756 intraday level of interest. A break of 2756 could lead to a move toward the 2787 highs we saw in late 2024. #Gold #XAUUSD #Trading
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.