Technical Analysis (Gold) : XAU/USD 20 January 2025

20 January 2025 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 20 January 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 20 January 2025

Momentum : Up

First Scenario : long positions above 2,702.74 with targets at 2,712.17, 2,717.36 and 2,724.74

Second Scenario : short positions below 2,702.74 with targets at 2,693.04, 2,684.52 and 2,676.75

Comment : There is no clear trend in the price movement.

Supports and resistances :

2,724.74 **
2,717.36 *
2,712.17
2,708.26 - Last price
2,693.04
2,684.52 *
2,676.75 **

Warning : This information is not a buy-sell signal.


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