27/01/2025 Gold (xauusd) Analysis,Gold's Weekly Start: Price Gap

2 days ago

XAUUSD Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap

Market Overview

In Asian Session Price Gap Down Open 2671 -2764 (50 Pips)

Technical Insights

Current Price Range:
Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 170 pips. This range is expected to hold during the Asian sessions unless disrupted by key market data later in the week.

Key Levels to Watch:

Resistance Zones:
$2,786 - $2,784 (Major Resistance)
$2,778 - $2,772 (Short-Term Resistance)

Support Zones:
$2,759 - $2,761 (Immediate Support)
$2,750 - $2,745 - $2,735 (Stronger Support Zones)

Order Block :
OB on 4H time (2733.54-2716.92)

Trendline:
Seen in chart 1H Trend Line work As support Also wait for breakout then Retest and after entry with Confirmation (selling Till Next Support Level)

Fib Level: (Uptrend seen in H4 Time)
On 4H - Golden Zone = 2761-2755
- Discount Zone = 2755- 2741

Market Behavior:

If price remains below $2,773, SELL momentum will likely dominate.
A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries.
Sideways movement may persist due to lower liquidity during the Asian session.

Stay tuned for updates once the confirmations are in place!

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Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively

2 days ago

Note

Fed expected to keep rates steady at its Jan. 28-29 meeting
U.S. dollar index up 0.3%
U.S., Colombia reach deal on deportations; tariffs put on hold

main key factor to downside gold is no rate cut expectation in this FOMC meeting.