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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Trade ativo
#XAUUSD (Gold) 6th January 2025 Analysis #Update
📊Market Recap : Today’s analysis played out almost perfectly #Gold respected the resistance at 2649 and got rejected twice as anticipated. After that it dropped and hit our #first sell targets at 2630 and 2625 then the bearish momentum continued, and Gold came very close to our second target at 2611 touching 2614 before showing signs of consolidation.
🎯 Result:From the resistance at 2649 to the low at 2614, we captured an incredible (350 Pips) in this trade idea.
#Key Takeaways:
The identified
Resistance Zone (2649) held strong and confirmed the #Bearish trend.
Both the first targets were achieved flawlessly, while the second zone (2611) was narrowly missed by just a few pips.
Our Stop Loss at 2675 was untouched, validating the strength of the levels shared earlier.
Thanks For Continuing Support & Trusting on Us
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Trade fechado: objetivo atingido
#XAUUSD (Gold) 6th January 2025 - #Update
📊Trade Recap
The trade played out as expected, hitting our first two targets at 2630 and 2625 After a rebound to 2664, the price dropped to 2638 and is now at 2654
🔑 Trade Closed:
This trade is now closed The bearish move continues to hold, but we’ll be monitoring for any further developments.
🙏 Thanks for your support
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