Strong recovery - positive market in early 2025 - 2670
Updated
XAU / USD trend forecast January 3, 2025
Gold prices (XAU/USD) continue to climb for a fourth straight session on Friday, marking an impressive 2024 performance with over 27% annual gains—the strongest since 2010. The rally is fueled by robust safe-haven demand driven by ongoing geopolitical tensions in the Middle East and the prolonged Russia-Ukraine war.
Reports from Axios indicate that President Joe Biden discussed potential contingency plans to target Iran’s nuclear sites if Tehran advanced significantly toward building a nuclear weapon before Donald Trump’s inauguration on January 20. These deliberations underscore escalating worries about Iran’s nuclear activities during the transitional phase between administrations.
Strong uptrend, surpassing the sideway price zone and continuing to increase, good effect from the market when the new US government is about to be formed
/// SELL XAU : zone 2670-2673
SL: 2678
TP: 50 - 150 - 300pips (2643)
Safe and profitable trading
Gold prices (XAU/USD) continue to climb for a fourth straight session on Friday, marking an impressive 2024 performance with over 27% annual gains—the strongest since 2010. The rally is fueled by robust safe-haven demand driven by ongoing geopolitical tensions in the Middle East and the prolonged Russia-Ukraine war.
Reports from Axios indicate that President Joe Biden discussed potential contingency plans to target Iran’s nuclear sites if Tehran advanced significantly toward building a nuclear weapon before Donald Trump’s inauguration on January 20. These deliberations underscore escalating worries about Iran’s nuclear activities during the transitional phase between administrations.
Strong uptrend, surpassing the sideway price zone and continuing to increase, good effect from the market when the new US government is about to be formed
/// SELL XAU : zone 2670-2673
SL: 2678
TP: 50 - 150 - 300pips (2643)
Safe and profitable trading
Trade active
Gold price decreased during the US session around below the 2650 areaTrade closed: target reached
Gold price fell below 2640, adjusting at the end of the week
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