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.
- Gold consolidates above $4,150 as softer USD lends support ahead of US CPI report
Gold steadies above $4,150 as USD extends its retracement slide from an 18-month high. Oil-driven inflation risks lift Fed rate hike bets, which should cap the non-yielding bullion. Traders also opt to wait for the latest US inflation figures and Fed Chair Warsh’s speech. Gold (XAU/USD) steadies above $4,150 during the Asian session on Wednesday,… Read more: Gold consolidates above $4,150 as softer USD lends support ahead of US CPI report - Gold struggles to reclaim $4,200 as Fed interest rate hike risks persist, US CPI loomsGold consolidates gains as a pullback in the US Dollar and Treasury yields offers support. The metal struggles to extend its recovery as Fed interest rate hike expectations remain a headwind. Traders await Wednesday’s US CPI report for fresh clues on the interest rate outlook. Gold (XAU/USD) extends its sideways price action heading into American… Read more: Gold struggles to reclaim $4,200 as Fed interest rate hike risks persist, US CPI looms
- Euro remains depressed against British Pound as France and Oil weighs
EUR/GBP edges up above 0.8450 but remains close to 16-month lows at 0.8444. The pair has lost nearly 2% in just over two weeks, hammered by concerns about a credit crisis in France and surging oil prices. German inflation data confirmed that prices accelerated in September, boosted by higher energy costs. The Euro (EUR) shows… Read more: Euro remains depressed against British Pound as France and Oil weighs - Gold struggles below $4,200 amid stronger US Dollar, US CPI in focusGold reverses earlier gains on Monday after buyers fail to hold above $4,200. A firm US Dollar and elevated Treasury yields limit Gold’s upside as attention turns to US inflation data due this week. Gold remains bearish below the Bollinger midline as it consolidates between $4,100 and $4,200. Gold (XAU/USD) consolidates losses on Monday after… Read more: Gold struggles below $4,200 amid stronger US Dollar, US CPI in focus
- Gold fails to sustain a break above $4,200, US CPI in focusGold reverses earlier gains on Monday after buyers fail to hold above $4,200. A firm US Dollar and elevated Treasury yields limit Gold’s upside as attention turns to US inflation data due this week. Gold retains a bearish bias below the Bollinger midline while consolidating between $4,100 and $4,200. Gold (XAU/USD) edges lower on Monday,… Read more: Gold fails to sustain a break above $4,200, US CPI in focus
- Gold recovery stalls near $4,200 as US Dollar, Treasury yields stabiliseGold gains ground but struggles to extend its recovery as the US Dollar and Treasury yields stabilise. Traders await US consumer sentiment and inflation expectations data during American trading hours. XAU/USD remains confined to the $4,100-$4,200 range, with key daily SMAs capping the upside. Gold (XAU/USD) trades on the front foot on Friday but struggles… Read more: Gold recovery stalls near $4,200 as US Dollar, Treasury yields stabilise
- EUR/USD Price Forecast: Rallies fail above 1.1200 amid high Oil prices, debt woesEUR/USD treads water around 1.1200 after bouncing from 16-month lows at the 1.1150 area. High Oil prices and France’s complex debt scenario are keeping Euro bulls in check. The Fed’s Musalem has warned thst the bank will have to tighten rates further to bring inflation to target. The Euro (EUR) is failing to capitalise on… Read more: EUR/USD Price Forecast: Rallies fail above 1.1200 amid high Oil prices, debt woes
- Gold Price Forecast: XAU/USD recovery falters as Oil and yields riseXAU/USD picks up from two-month lows at $4,066, but it remains capped in the lower range of the $4,100s. A strong recovery in Oil prices and US Treasury yields steady near long-term highs are keeping Gold’s rallies limited. Technically, the bearish trend remains in play while below the trendline resistance at the $4,200 area. Gold… Read more: Gold Price Forecast: XAU/USD recovery falters as Oil and yields rise
- Euro gains ground against British Pound despite French debt risksEUR/GBP rebounds to around 0.8485 in Thursday’s early European session. The UK faces a challenging fiscal picture, weighing on the British Pound. Traders are worried France’s fragile public finances risk spilling over to the rest of Europe. The EUR/GBP cross recovers some lost ground to near 0.8485, snapping the nine-day losing streak during the early… Read more: Euro gains ground against British Pound despite French debt risks
- Euro extends losing streak against British Pound, hits 16-month lowEUR/GBP trims intraday losses after falling to its weakest level since June 2025. France’s fiscal and political concerns remain the main drag on the Euro. Fiscal concerns on both sides of the Channel leave the Euro more vulnerable than the Pound. EUR/GBP trimmed part of its intraday decline on Wednesday but remained on the back… Read more: Euro extends losing streak against British Pound, hits 16-month low
- Gold declines as stronger US Dollar and yields weigh ahead FOMC MinutesGold falls nearly 1.10% as the US Dollar and US Treasury yields resume their advance. Traders await the FOMC Minutes for fresh clues on the likelihood of another rate hike before year-end. XAU/USD drifts toward $4,100 support while holding below its key daily SMAs. Gold (XAU/USD) remains on the back foot on Wednesday, down nearly… Read more: Gold declines as stronger US Dollar and yields weigh ahead FOMC Minutes
- EUR/USD Price Forecast: More downside likely below 1.1160EUR/USD falls to near 1.1238 as the US Dollar regains ground. The US Dollar bounces back as US bond yields recover. Heightened French fiscal concerns to keep the Euro under pressure. The Euro (EUR) is down 0.18% to near 1.1238 against the US Dollar (USD) during the Asian trading session on Wednesday. The major currency… Read more: EUR/USD Price Forecast: More downside likely below 1.1160
- Gold recovers further from two-month low amid some USD profit-takingGold bounces off $4,100, or a two-week low, as USD pauses for a breather after the recent strong rally. Elevated US bond yields and geopolitical risks counter receding October Fed hike bets, favoring USD bulls. Investors now look forward to FOMC Minutes, due on Wednesday, for more cues about the policy path. Gold (XAU/USD) builds… Read more: Gold recovers further from two-month low amid some USD profit-taking
- Gold: Vulnerable as yields stay elevated.OCBC strategists Sim Moh Siong and Christopher Wong describe Gold as sluggish despite a sharp pullback in October Fed hike expectations, with long-end US Treasury yields resuming their rise and the US Dollar (USD) firm. They argue lower Fed hike risk alone is insufficient for a sustained recovery, stressing that a more durable decline in… Read more: Gold: Vulnerable as yields stay elevated.
- Gold finds support near $4,100; recovers early lost ground to two-month lowGold bounces off $4,100, or a two-week low, as USD pauses for a breather after the recent strong rally. Elevated US bond yields and geopolitical risks counter receding October Fed hike bets, favoring USD bulls. Investors now look forward to FOMC Minutes, due on Wednesday, for more cues about the policy path. Gold (XAU/USD) staged… Read more: Gold finds support near $4,100; recovers early lost ground to two-month low
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