đź‘‹Hello everyone, what are your thoughts on the trend of
XAUUSD ?
Today, I'll provide a long-term perspective. XAUUSD has recently surged, driven by global instability, particularly the Fed's rate cuts. The risk of a U.S. government shutdown has also led investors to turn to gold as a safe haven, contributing to the significant price increase.
From a technical standpoint, gold is showing a strong bullish structure over the long term, with a clear breakout above key resistance levels. After consolidating around the Fibonacci 0.5 retracement support zone, the price has rebounded and is now heading towards the Fibonacci extension zone. This area is considered the first major take-profit target, also coinciding with the psychological level at $4,000 (a common target for 2025).
With both market structure and fundamental analysis supporting the bullish outlook, I remain optimistic about both the short and long-term prospects for XAUUSD. What do you think about the XAUUSD trend? Feel free to leave your thoughts in the comments!
Today, I'll provide a long-term perspective. XAUUSD has recently surged, driven by global instability, particularly the Fed's rate cuts. The risk of a U.S. government shutdown has also led investors to turn to gold as a safe haven, contributing to the significant price increase.
From a technical standpoint, gold is showing a strong bullish structure over the long term, with a clear breakout above key resistance levels. After consolidating around the Fibonacci 0.5 retracement support zone, the price has rebounded and is now heading towards the Fibonacci extension zone. This area is considered the first major take-profit target, also coinciding with the psychological level at $4,000 (a common target for 2025).
With both market structure and fundamental analysis supporting the bullish outlook, I remain optimistic about both the short and long-term prospects for XAUUSD. What do you think about the XAUUSD trend? Feel free to leave your thoughts in the comments!
✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.