Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve’s interest rate outlook and President-elect Donald Trump’s tariff policies, which could shape the metal’s 2025 trajectory.
Generally, the direction is a downtrend.
Downtrend Side: If trading continues below 2640, the bearish trend is expected to remain active, targeting levels of 2606 and 2566.
Correction: From 2606 to around 2623
Uptrend Side: The price will trend up when it breaks above 2640, especially if it can reach and cross 2664.
Tendency Keys: 2623