XAUUSD Forex Analysis for Today, Monday (29-01-2024)

XAUUSD Forex Analysis for Today, Monday (29-01-2024)

XAUUSD Forex Analysis for Today, Monday (29-01-2024)

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Prepare to SELL GOLD: Stuck at Resistance and Trendline

Daily Analysis XAUUSD

Fed Decision Awaited

Gold prices are still relatively stable as the market awaits the Fed’s interest rate decision this week.

Stalled at Resistance and Trendline

Prices are seen moving below the trendline. It’s seen testing the resistance area that coincides with the trendline. Sell opportunities can be sought in the resistance area.

Prediction: WEAK GOLD


  • R1 2031.45
  • R2 2022.00
  • R3 2037.10
  • R4 2042.00


  • S1 2025.00
  • S2 2031.45
  • S3 2019.35
  • S4 2014.80

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