Market Analysis of XAUUSD on Wednesday 22 JANUARY 2024

2025-01-22 14:23Source:BtcDana

 XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW    


XAUUSD  have immediate support 2698 to 2718 level  and it can hit firstly 2790 level and then 3000 level . Intraday purpose buying is better with stop loss 2690 level for upside targets 2758,2762 and 2770 level respectively .


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Gold prices climbed to a fresh 11-week peak on Wednesday, boosted by safe haven demand amid uncertainty surrounding U.S. President Donald Trump's trade policies and a softer dollar.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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