XAUUSD Forex Analysis for Today, Friday (26-01-2024)

XAUUSD Forex Analysis for Today, Friday (26-01-2024)

Gold Still Strong at Psychological Level

Daily Analysis of XAUUSD

GDP Exceeds Expectations

The release of USD GDP data yesterday, which recorded a 3.3% growth, indicates that the USD has strengthened by about 2% early this year. The data suggests that the Federal Reserve will not rush to lower interest rates.

Strong Holding Above 2,000

Correction has occurred again due to the impact of dollar strengthening. Prices are still unable to break through the psychological level of 2,000. There is a chance of rebound from the current support before heading back down.

Conclusion: WEAK GOLD


  • R1: 2032.00
  • R2: 2028.00
  • R3: 2041.70
  • R4: 2058.30


  • S1: 2022.00
  • S2: 2032.00
  • S3: 2011.80
  • S4: 2005.00

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *