XAU/USD Continues to Make ATH Above 2800

31 Jan

XAU / USD trend forecast January 31, 2025

Gold prices surged to a new all-time high of $2,798 on Thursday after US economic data signaled a slowdown, reinforcing expectations that the Federal Reserve may need to cut interest rates, despite keeping them unchanged in Wednesday’s meeting. As of now, XAU/USD is trading at $2,794, up 1.31%.

The precious metal broke past the $2,770 resistance level after being range-bound for the past three days. Meanwhile, US Treasury yields declined as investors reacted to the final reading of Q4 2024 Gross Domestic Product (GDP), which showed expansion but at a slower pace than anticipated.

strong buying pressure, buying pressure continues to maintain, big FOMO will be above $2800

/// SELL XAU : zone 2818-2821

SL: 2826

TP: 50 - 150 - 300pips (2791)


Safe and profitable trading

31 Jan

Trade aktif

Woww , + 220 pips crazy ( signal SELL ZONE 2818-2821 ) , nice SELL