empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

08.01.202514:56 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for January 8-10, 2025: buy above, $2,642 (21 SMA - 200 EMA)

Rilevanza fino a 07:00 2025-01-22 UTC--5

Exchange Rates 08.01.2025 analysis

Early in the American session, gold was trading around 2,647, above the 21 SMA, and at the 200 EMA with a positive outlook but showing signs of exhaustion after having found strong resistance around the 4/8 Murray.

If gold bounces around 2,642 in the next few hours and consolidates above this area, it will be seen as an opportunity to buy and the price could return to 2,656. Once this area is surpassed, the instrument could reach 5/8 Murray at 2,695.

Besides, if gold continues its fall, we could expect it to reach 2/8 Murray at 2,578. The instrument could even come close to covering the gap it left at 2,562. Finally, gold could reach the psychological level of 2,500.

On the contrary, if gold consolidates above 2,656, the outlook could be positive and we could expect a strong bullish momentum with the nearest target at 6/8 Murray located at 2,734.

We should pay attention to the 200 EMA, a key level that could signal the direction that gold could take in the next few days. The eagle indicator is giving a negative signal. Therefore, the metal is likely to trade under bearish pressure.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.