Xauusd forecast on Monday
For the analysis of XAUUSD (Gold vs. US Dollar) on Monday, January 20, 2025, here are the key points based on the latest market trends and technical indicators:
- Price Levels: Gold is expected to open around the $2,690 per ounce mark on Monday, with a bullish bias. Support levels are anticipated around $2,678, with resistance potentially at $2,705.
- Technical Outlook: Recent analysis indicates that gold is consolidating above the $2,600 support level, suggesting a strong foundation for potential upward movements. The market is watching for a breakout above $2,705, which could signal an extremely bullish trend. Conversely, if gold fails to hold above $2,678, there might be a sharp correction.
- Market Sentiment: The sentiment around gold remains positive due to ongoing geopolitical risks, potential inflationary pressures, and the expectation of dovish monetary policy from the Federal Reserve. This environment bolsters gold’s position as a safe-haven asset.
- Economic Influences: Investors are particularly attentive to US economic indicators like the Consumer Price Index due this week, which could sway gold prices. A higher-than-expected CPI might lead to a stronger dollar, potentially putting downward pressure on gold, while a lower CPI could propel gold prices higher.
- Trading Signals:
- Buy Signal: If gold holds above $2,678 with a clear breakout above $2,705, traders might look to enter long positions, targeting levels around $2,710 or higher.
- Sell Signal: A break below $2,678 could signal sellers to take action, with targets potentially at $2,650 or lower, depending on the momentum of the sell-off.
- External Factors: The market is also sensitive to developments regarding Donald Trump’s policies, considering the upcoming inauguration on that Monday. Any indication of his administration’s approach to trade, tariffs, or international relations could directly impact gold prices.
- Pound Sterling revisits weekly low against US Dollar ahead of US NFP data
The Pound Sterling (GBP) trades near its weekly low around 1.3420 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair is under pressure as the US Dollar rallies further ahead of the United States (US) Nonfarm Payrolls (NFP) data for December, which will be published at 13:30 GMT. During… Read more: Pound Sterling revisits weekly low against US Dollar ahead of US NFP data - GBP/USD Price Forecast: Remains below 1.3450, nine-day EMA
GBP/USD remains subdued for the fourth consecutive day, trading around 1.3430 during the Asian hours on Friday. The momentum indicator 14-day Relative Strength Index (RSI) at 51.9 is neutral, reflecting slower momentum after firm recent readings. An RSI drop back beneath 50 would strengthen the case for a deeper pullback. The GBP/USD pair straddles the… Read more: GBP/USD Price Forecast: Remains below 1.3450, nine-day EMA - Gold trades on the back foot as a firmer US Dollar weighsVishal ChaturvediFXStreet Gold (XAU/USD) remains under pressure on Thursday, with prices extending their pullback for a second consecutive day as bullish momentum fades following a rejection near the $4,500 psychological barrier. At the time of writing, XAU/USD trades near $4,425, down nearly 0.60%. The loss of upside traction has encouraged modest profit-taking, while a steady… Read more: Gold trades on the back foot as a firmer US Dollar weighs
- FREE Forex signal for Thursday 08/01/2026
GBPUSD sell 1.34600 TP 1.34450 TP 1.34400 TP 1.34350 Stop loss 1.35100 EURUSD BUY 1.16750 TP 1.16900 TP 1.16950 TP 1.17000 Stop loss 1.16250 EURJPY sell 182.950 TP 182.850 TP 182.800 TP 183.750 Stop loss 183.450 GBPJPY sell 210.750 TP 210.600 TP 210.550 TP 210.500 Stop loss 211.250 AUDUSD SELL 0.67000 TP 0.66900 TP 0.66850… Read more: FREE Forex signal for Thursday 08/01/2026 - Gold eases below $4,500 as markets turn cautious ahead of US dataGold (XAU/USD) trades on the back foot on Wednesday as selling pressure emerges near the $4,500 psychological mark, prompting mild profit-taking at elevated levels. At the time of writing, XAU/USD is trading around $4,452, down nearly 0.90% on the day, as traders reposition ahead of US economic releases due later in the American trading session.… Read more: Gold eases below $4,500 as markets turn cautious ahead of US data
- GBP/JPY retreats below 211.00 as risk appetite recedes
The Sterling is trading lower from the fresh long-term highs above 212.00 hit on Tuesday, returning to levels right below 211.00. The safe-haven Japanese Yen is rallying across the board with risk appetite receding, as tensions between China and Japan grow. Beijing banned exports of dual-use goods that can be used for military purpposes to… Read more: GBP/JPY retreats below 211.00 as risk appetite recedes - Gold Price Forecast: XAU/SD might find resistance around $4,445Gold (XAU/USD) accelerated its rebound on Monday, amid rising geopolitical tensions following the US intervention in Venezuela this weekend. The precious metal is nearly 2.4% up on the day, reaching prices at $4,435 at the time of writing, approaching a previous support area at $4,445. Venezuelan President Nicolas Maduro is expected to appear in a… Read more: Gold Price Forecast: XAU/SD might find resistance around $4,445
- EUR/USD languishes near four-week lows ahead of US manufacturing data
EUR/USD has opened the week on the same soft tone that closed the previous one. The pair trades at four-week lows of 1.1690 at the time of writing, with traders trying to look ahead to the US intervention in Venezuela into a slew of key US macroeconomic releases due later in the week. Venezuelan President… Read more: EUR/USD languishes near four-week lows ahead of US manufacturing data - FREE Forex signal for Friday 2/01/2026EURJPY BUY 184.250 TP 184.400 TP 184.450 TP 184.500 Stop loss 183.750 GBPJPY BUY 211.350 TP 211.500 TP 211.550 TP 211.600 Stop loss 210.850 GBPUSD SELL 1.34900 TP 1.34750 TP 1.34700 TP ,1.34650 Stop loss 1.35400 EURUSD sell 1.17700 TP 1.17500 TP 1.17450 TP 1.17400 Stop loss 1.18200 AUDUSD BUY 0.66900 TP 0.67050 TP 0..67100… Read more: FREE Forex signal for Friday 2/01/2026
- EUR/USD picks up from lows in a calm year-end sessionEUR/USD has turned positive on the daily chart on Wednesday. The pair found support at 1.1720 during the European morning session, and is trading at levels right above 1.1750 heading into the US session opening. The US Dollar recovery has lost steam, with US Jobless Claims expected to add some spice to a dozy year-end… Read more: EUR/USD picks up from lows in a calm year-end session
- Pound Sterling flattens against US Dollar while investors await FOMC MinutesThe Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting,… Read more: Pound Sterling flattens against US Dollar while investors await FOMC Minutes
- EUR/USD looks for direction in thin markets with Fed minutes in focusEUR/USD is practically flat on Tuesday, trading near 1.1770 at the time of writing amid the current market lull ahead of the New Year holiday. The common currency has found support not far from the three-month highs in the 1.1800 area, but the rising geopolitical tensions are weighing on risk appetite on thinned year-end trading,… Read more: EUR/USD looks for direction in thin markets with Fed minutes in focus
- FREE Forex signal for Tuesday 30/12/2025GBPUSD BUY 1.34900 TP 1.35150 TP 1.35200 TP 1.35250 Stop loss 1.34400 EURUSD BUY 1.17700 TP 1.17800 TP 1.17850 TP 1.17900 Stop loss 1.17200 EURJPY BUY 183.700 TP 183.950 TP 184.000 TP 184.050 TP 184.100 Stop loss 183..200 GBPJPY BUY 210.750 TP 210.950 TP 211.000 TP 211.050 Stop loss 210.250 AUDUSD BUY 0.67000 TP 0.67150… Read more: FREE Forex signal for Tuesday 30/12/2025
- Gold corrects sharply after record highs amid profit-taking, USD reboundGold (XAU/USD) drops sharply on Monday, down 4.50% and trading near $4,330 at the time of writing, after hitting a fresh all-time high at the end of last week. The precious metal is facing strong profit-taking in a thin liquidity environment ahead of the year-end holidays, which is amplifying the corrective move following the sharp… Read more: Gold corrects sharply after record highs amid profit-taking, USD rebound
- EUR/JPY weakens below 184.00 as BoJ signals further tightening
The EUR/JPY cross attracts some sellers to around 183.80 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as the Bank of Japan’s (BoJ) Summary of Opinions from the December policy meeting reinforced expectations of continued tightening in 2026. The BoJ raised its policy rate to 0.75% from… Read more: EUR/JPY weakens below 184.00 as BoJ signals further tightening
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