Technical Analysis (Gold) : XAU/USD 29 January 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 29 January 2025

Momentum : Down

First Scenario : short positions below 2,766.21 with targets at 2,758.77, 2,753.97 and 2,747.36

Second Scenario : long positions above 2,766.21 with targets at 2,772.00, 2,778.30 and 2,785.98

Comment : The price movement is no clear trend.

Supports and resistances :

2,785.98 **
2,778.30 *
2,772.00
2,760.52 - Last price
2,758.77
2,753.97 *
2,747.36 **

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