Hello Everyone Here is My Today's New #Xauusd Gold Analysis
Today on 6th January 2025 Gold Currently Running at 2644 and Got rejected from 2649 for further bullish trend there for now it's Expected to be move between 2649 to 2640 until any breakout .
It may test the Resistance Zone 2658 & 2664 before Bearish but it will be #Bearish
If Gold break the Resistance it can be violent there For our SL Will be 2675
Our First is Target is 2630 & 2625
If Gold Break the 2625 with H4 Closing below it will go for second target 2611 & 2605 and also for demand Zone 2590 to 2885
Trend #Bearish
Key Levels
Resistance 2658/2664
Stop Loss 2675
Supports
1(Take Profit 2630)
2(Take Profit 2625)
3 Take Profits 2611 & 2605
And long below 2590 /2585
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