👋Hello everyone, what are your thoughts on the trend of 
XAUUSD ?
Today, I'll provide a long-term perspective. XAUUSD has recently surged, driven by global instability, particularly the Fed's rate cuts. The risk of a U.S. government shutdown has also led investors to turn to gold as a safe haven, contributing to the significant price increase.
From a technical standpoint, gold is showing a strong bullish structure over the long term, with a clear breakout above key resistance levels. After consolidating around the Fibonacci 0.5 retracement support zone, the price has rebounded and is now heading towards the Fibonacci extension zone. This area is considered the first major take-profit target, also coinciding with the psychological level at $4,000 (a common target for 2025).
With both market structure and fundamental analysis supporting the bullish outlook, I remain optimistic about both the short and long-term prospects for XAUUSD. What do you think about the XAUUSD trend? Feel free to leave your thoughts in the comments!
XAUUSD ?Today, I'll provide a long-term perspective. XAUUSD has recently surged, driven by global instability, particularly the Fed's rate cuts. The risk of a U.S. government shutdown has also led investors to turn to gold as a safe haven, contributing to the significant price increase.
From a technical standpoint, gold is showing a strong bullish structure over the long term, with a clear breakout above key resistance levels. After consolidating around the Fibonacci 0.5 retracement support zone, the price has rebounded and is now heading towards the Fibonacci extension zone. This area is considered the first major take-profit target, also coinciding with the psychological level at $4,000 (a common target for 2025).
With both market structure and fundamental analysis supporting the bullish outlook, I remain optimistic about both the short and long-term prospects for XAUUSD. What do you think about the XAUUSD trend? Feel free to leave your thoughts in the comments!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.