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.
- Euro rallies against a weak British Pound as UK business activity disappoints
The Euro (EUR) accelerates its recovery against the British Pound (GBP) on Wednesday as mixed UK Purchasing Managers’ Index (PMI) figures reveal that inflationary pressures have weighed heavily on business activity in September. The EUR/GBP pair hit session highs at 0.8590, drawing closer to the top of the monthly range, at the 0.8600 area. Preliminary… Read more: Euro rallies against a weak British Pound as UK business activity disappoints - Euro nudges up against British Pound with Eurozone and UK PMIs in focusThe Euro (EUR) edges up against the British Pound (GBP) for the second consecutive day on Wednesday, although it remains halfway within recent ranges, with trading volumes at low levels, and investors awaiting Purchasing Managers Index (PMI) data from the UK and the Eurozone. The EUR/GBP trades at 0.8580 at the time of writing, after… Read more: Euro nudges up against British Pound with Eurozone and UK PMIs in focus
- Gold drops to three-day low, eyes $4,300 as hawkish Fed and Iran risks underpin USD
Gold (XAU/USD) turns lower for the second consecutive day following a modest intraday uptick, dropping to the $4,315 region, or a three-day low heading into the European session on Tuesday. The US Federal Reserve’s (Fed) hawkish outlook is seen as a key factor driving flows away from the non-yielding yellow metal. In fact, the Fed’s… Read more: Gold drops to three-day low, eyes $4,300 as hawkish Fed and Iran risks underpin USD - Euro: Downtrend eyes 1.1400 support against US Dollar.United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a bearish bias on EUR/USD after the pair closed lower near 1.1465. They see mild intraday downside that is unlikely to break 1.1435, but its 1–3 week view still anticipates a move toward 1.1435 with possible extension to 1.1400, while a break above… Read more: Euro: Downtrend eyes 1.1400 support against US Dollar.
- EUR/JPY Price Forecast: Remains above 180.50 amid subdued upside momentum
EUR/JPY extends its gains for the third consecutive day, trading around 180.60 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggesting a persistent bearish bias. The EUR/JPY cross is maintaining a mildly bearish near-term bias as it holds below the 50-day Exponential Moving… Read more: EUR/JPY Price Forecast: Remains above 180.50 amid subdued upside momentum - Gold struggles near $4,350 as hawkish Fed outlook supports the GreenbackGold (XAU/USD) remains on the defensive on Monday, pausing a two-day winning streak as expectations of additional Federal Reserve (Fed) rate hikes and a firmer US Dollar (USD) limit the upside. At the time of writing, XAU/USD trades around $4,350 during American trading hours after touching an intraday low of $4,322. The metal lacks strong… Read more: Gold struggles near $4,350 as hawkish Fed outlook supports the Greenback
- FREE FOREX SIGNALS FOR Monday 21/09/2026
EURUSD SELL 1.14900 Tp 1.14700 Tp 1.14650 Tp 1.14600 Stop loss 1.15400 GBPUSD SELL 1.34000 Tp 1.33750 Tp 1.33700 Tp 1.33650 Stop loss 1.34500 EURJPY BUY 180.400 Tp 180.500 Tp 180.550 Tp 180.600 Stop loss 179.900 GBPJPY BUY 210.400 Tp 210.450 Tp 210.500 Tp 210.550 Stop loss 209.900 AUDUSD sell 0.71450 Tp 0.71250 Tp 0.71200… Read more: FREE FOREX SIGNALS FOR Monday 21/09/2026 - Euro remains capped below 1.1500 amid growing political uncertainty in GermanyThe Euro (EUR) consolidated losses against the US Dollar (USD) on Monday, as market concerns about the sharp defeat of German Chancellor Friedrich Merz’s ruling party in state elections in northeastern Germany have offset the positive impact of lower oil prices. EUR/USD held below 1.1500 on Monday, with the seven-week low of 1.1454 hit last… Read more: Euro remains capped below 1.1500 amid growing political uncertainty in Germany
- Gold edges lower to near $4,350 on Fed hawkish stance, Middle East tensionsGold price (XAU/USD) edges lower to near $4,365 during the early Asians session on Monday. The precious metal loses momentum amid escalating tensions in the Middle East and hawkish remarks from Federal Reserve (Fed) officials. Traders await the Fedspeak later this week for fresh impetus. Reuters reported that governments across the Middle East are bracing… Read more: Gold edges lower to near $4,350 on Fed hawkish stance, Middle East tensions
- Gold reclaims its footing as Oil retreat blunts Fed shockGold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed the yellow metal to a nearly two-month low of $4,235. XAU/USD trades at $4,379 at the time of… Read more: Gold reclaims its footing as Oil retreat blunts Fed shock
- Gold advances to fresh weekly top; eyes $$4,400 as softer US bond yields cap USD gainsGold (XAU/USD) attracts some follow-through buying for the second straight day and touches a fresh weekly high heading into the European session on Friday. US bond yields retreated further from multi-year highs as the recent pullback in crude oil prices helped alleviate immediate fears of runaway inflation. This, in turn, caps gains for the US… Read more: Gold advances to fresh weekly top; eyes $$4,400 as softer US bond yields cap USD gains
- Gold shrugs off Fed hike as falling yields reopen path to $4,400Gold (XAU/USD) rallies on Thursday, up by more than 2% as investors digest the latest rate hike by the Federal Reserve (Fed), while a fall in Oil prices pushed the US Dollar and US yields lower. The XAU/USD pair trades at $4,361, clearing a key technical resistance level at the 100-day Simple Moving Average (SMA)… Read more: Gold shrugs off Fed hike as falling yields reopen path to $4,400
- Euro: Fair value falls on oil and Fed pressure against US Dollar.Francesco Pesole at ING highlights that EUR/USD has broken lower after a more hawkish‑than‑expected Federal Reserve meeting, with the two‑year swap differential at its widest since July. Despite some support from the ECB’s stance, higher Oil prices have dragged ING’s short‑term fair value estimate for EUR/USD down to 1.150, leaving downside risks in place until… Read more: Euro: Fair value falls on oil and Fed pressure against US Dollar.
- Gold: Higher yields cap recovery prospects – OCBCOCBC strategist Christopher Wong reports that Gold reversed lower after the FOMC as a stronger US Dollar (USD) and rising United States (US) yields weighed on sentiment, with the 2-year near 4.75% and the 10-year around 5%. He argues elevated yields and a firm Dollar may cap Gold in the near term, but says the… Read more: Gold: Higher yields cap recovery prospects – OCBC
- Gold consolidates gains as traders brace for Fed interest rate decisionGold (XAU/USD) consolidates gains on Wednesday after rebounding during Asian trading hours, supported by a modest pullback in Oil prices and US Treasury yields. The metal is struggling to build on the intraday advance as traders avoid taking aggressive positions ahead of the Federal Reserve’s (Fed) monetary policy announcement, while a firm US Dollar (USD)… Read more: Gold consolidates gains as traders brace for Fed interest rate decision
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