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.
- British Pound rallies as Starmer exit is expected to end political uncertainty
The British Pound (GBP) is. showing the strongest performance among the major currencies on Monday, rallying 0.3% against the Japanese Yen, 0.14% against the Euro, and ticking up 0.05% against the Dollar after reversing previous losses. The market has welcomed Sir Keir Starmer’s decision to step down as UK Prime Minister and Leader of the… Read more: British Pound rallies as Starmer exit is expected to end political uncertainty - Euro slips against British Pound after UK Prime Minister Starmer steps down
EUR/GBP comes under pressure on Monday as markets react positively to UK Prime Minister Keir Starmer’s resignation, with the British Pound (GBP) outperforming most of its major peers. At the time of writing, the cross trades around 0.8659, retreating from a one-month high of 0.8689 touched earlier in the day. Speaking outside 10 Downing Street,… Read more: Euro slips against British Pound after UK Prime Minister Starmer steps down - Gold slumps to one-week low; $4,100 back in sight amid Fed hike bets and bullish USD
Gold (XAU/USD) continues losing ground through the Asian session on Friday and touches a fresh weekly trough, around the $4,122-$4,121 region in the last hour. The US Dollar (USD) retains its bullish bias near the highest level since May 2025 in the face of the US Federal Reserve’s (Fed) hawkish tilt, which, in turn, is… Read more: Gold slumps to one-week low; $4,100 back in sight amid Fed hike bets and bullish USD - Euro: Range holds with downside bias to 1.1200 – Societe Generale.Kit Juckes at Societe Generale highlights that recent G10 central bank actions have not sparked major FX moves, with EUR/USD still range-bound. He notes deeper Eurozone GDP forecast cuts versus other regions. The bank expects EUR/USD to drift toward 1.12 over time rather than 1.20, but sees a need for a fresh catalyst to break… Read more: Euro: Range holds with downside bias to 1.1200 – Societe Generale.
- The Euro already hiked; now it waits on WarshEUR/USD has gone almost nowhere since the weekend’s deal headlines, and Tuesday was more of the same: a dip that held above 1.1550, a grind back to the 1.1600 handle, and a hard stall at the 200-day Exponential Moving Average (EMA) sitting just overhead. The frustration for Euro bulls is that the currency is carrying… Read more: The Euro already hiked; now it waits on Warsh
- Gold consolidates above $4,300 amid Fed and Middle East uncertainty.Gold (XAU/USD) consolidates above $4,300 as investors monitored geopolitical developments and upcoming monetary policy decisions. Uncertainty surrounding the proposed US-Iran peace agreement and renewed tensions in the Middle East continued to support safe-haven demand. At the same time, markets adopted a cautious stance ahead of the upcoming Federal Reserve policy decision. These developments suggest that… Read more: Gold consolidates above $4,300 amid Fed and Middle East uncertainty.
- Euro: Gradual upside path outlined – RabobankRabobank’s FX Strategy team at RaboResearch Global Economics & Markets discusses how the Dollar initially benefited from safe haven flows during the Iran war, but has since softened as a ceasefire memorandum eased market tensions and tempered Fed hike expectations. They maintain a mildly constructive EUR/USD profile over coming months, while highlighting strong technical resistance… Read more: Euro: Gradual upside path outlined – Rabobank
- XAU/USD bullish at $4,322 — Lagarde speech and G7 meetings drive Monday session.Gold trades bullish at $4,321 in early Monday trading, consolidating just below the $4,325 resistance cluster after a sharp recovery from the $4,180–$4,200 demand zone last week. Price has reclaimed all key moving averages on the 15-minute chart, with the structure favoring continuation toward $4,340 and $4,383 provided the $4,247 support base holds. The week’s… Read more: XAU/USD bullish at $4,322 — Lagarde speech and G7 meetings drive Monday session.
- EUR/USD Price Forecast: Needs to break above 20-day for sustained recovery
The EUR/USD pair trades marginally lower at around 1.1567 during the European trading session on Friday. The major currency pair edges down as the US Dollar (USD) rebounds slightly after Thursday’s decline. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.13% higher to near 99.80.… Read more: EUR/USD Price Forecast: Needs to break above 20-day for sustained recovery - Euro hesitates near lows against the British Pound with the ECB in focusThe Euro (EUR) is going through a nervous consolidation against the British Pound (GBP) on Thursday, with price action hovering around 0.8625, a few pips above two-week lows at 0.8620. The pair remains on the defensive, awaiting the outcome of the European Central Bank’s (ECB) monetary policy decision, while escalating tensions in the Middle East… Read more: Euro hesitates near lows against the British Pound with the ECB in focus
- Euro steadies as markets digest US inflation data and await ECB decisionThe Euro (EUR) holds modest gains against the US Dollar (USD) on Wednesday as the Greenback comes under modest pressure following the release of US inflation data. At the time of writing, EUR/USD trades around 1.15548, up 0.15% on the day. Headline Consumer Price Index (CPI) eased to 0.5% MoM in May from 0.6% in… Read more: Euro steadies as markets digest US inflation data and await ECB decision
- Gold enters credibility test as inflation repricing reaches an inflection pointKey Takeaways Gold approaches CPI from a position of macro exhaustion Gold enters one of the most important macro events of the month following a prolonged adjustment in inflation expectations and interest-rate pricing. Over recent weeks, markets have gradually reassessed the likelihood of rapid monetary easing as economic activity remained resilient and inflation progress appeared… Read more: Gold enters credibility test as inflation repricing reaches an inflection point
- Euro: Downtrend against US Dollar targets lower supports – UOBUOB’s Quek Ser Leang and Lee Sue Ann describe EUR/USD price action as short-term consolidation between 1.1505 and 1.1555 after last week’s sharp drop. Nonetheless, they maintain a bearish 1–3 week view, looking for further weakness toward 1.1445 while 1.1600 caps as strong resistance, and note that a break of 1.1555 on a multi-month horizon… Read more: Euro: Downtrend against US Dollar targets lower supports – UOB
- Free forex signals for Monday 08/06/2026
Gold SELL @ 4295_4298 Tp 4290 Tp 4288 Tp 4283 Stop loss 4310 AUDUSD BUY 0.70400 Tp 0.70600 Tp 0.70650 Tp 0.70700 Stop loss 0.69900 EURUSD BUY 1.15000 Tp 1.15200 Tp 1.15250 Tp 1.15300 Stop loss 1.14500 GBPUSD BUY 1.33100 Tp 1.33350 Tp 1.33400 Tp 1.33450 Stop loss 1.32600 GBPJPY SELL 213.350 Tp 213.200 Tp… Read more: Free forex signals for Monday 08/06/2026 - Gold holds $4,306 as CPI week begins.Gold trades on hold at $4,306 on Monday — caught between a recovering technical structure and a macro calendar that doesn’t heat up until mid-week. With no high-impact US data scheduled today and a light European docket, the session is unlikely to provide directional conviction. The path of least resistance points toward a dip toward… Read more: Gold holds $4,306 as CPI week begins.
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