XAUUSD Analysis
Gold Stable but Under Pressure
Gold prices are moving steadily but remain under pressure due to the strengthening USD and rising U.S. Treasury yields. Meanwhile, investors are awaiting clearer signals regarding the Federal Reserve’s monetary policy direction for 2025.
Held Below Resistance
Prices are still constrained below the resistance level. A confirmation for a sell signal can be sought if a pullback occurs near this resistance area.
Prediction: WEAK XAUUSD
Trade Plan
- SELL AREA: 2628.51 - 2638.61
- Stop Loss (SL): 2653.97
- Take Profit (TP):
- TP1: 2614.85
- TP2: 2596.25
- TP3: 2574.51
Stay disciplined with risk management and always monitor market conditions for any sudden changes. Happy Trading!