empty
 
 
24.01.2025 04:44 PM
Trading Signals for GOLD (XAU/USD) for January 24-27, 2025: sell below $2,783 (21 SMA - 7/8 Murray)

This image is no longer relevant

Early in the American session, gold is trading around 2,778 reaching a high at 2,781 for now. Gold is showing bullish momentum, but technically, exhaustion and overbought levels are observed.

If gold falls below 7/8 Murray at 2,773 in the next few hours, we could expect a technical correction to occur and the price could reach the 21 SMA located at 2,754. Finally, gold is expected to reach the support of 6/8 Murray at 2,734.

7/8 Murray is not a strong resistance for gold. So, we believe that gold could reach 8/8 Murray located at 2,812 in the next few days.

Meanwhile, a technical correction could be expected around 2,750. From this point, a technical rebound could benefit gold bulls. Thus, the instrument could continue its rise until reaching the target of $2,800.

Our trading plan for the next few hours is to sell gold below the top of the uptrend channel around 2,780, with a target at 2,754. The Eagle indicator is overbought which could lead to a drop in gold in the next few hours.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $10000 más!
    ¡En Enero, sorteamos $10000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback