XAU/USD Outlook: Jan 21, 2025
🟡 Key Takeaways from Today:
• Range: $2,689 (low) - $2,717 (high).
• POC: $2,705 (key institutional zone).
• VAH: $2,709 (resistance).
• VWAP Median: $2,707.
📊 Institutional Behavior:
• Strong defense of $2,705 pivot zone.
• Sellers capped price at $2,717-$2,724.
• Bulls avoided a sweep below $2,689.
Tomorrow’s Scenarios
Scenario 1: Bullish Continuation (65%)
• What Happens:
• Support at $2,704-$2,705 fuels a rally to $2,717-$2,724.
• Geopolitical tensions + weak ZEW data boost gold.
• Buy Zone: $2,704-$2,705 or breakout above $2,717.
• Targets: $2,717, $2,724.
• Stop Loss: Below $2,689.
Scenario 2: Bearish Reversal (35%)
• What Happens:
• Sellers block $2,717-$2,724; price reverses to $2,704 or lower.
• Strong USD pressure limits gold upside.
• Sell Zone: $2,717-$2,724 or breakdown below $2,704.
• Targets: $2,704, $2,689.
• Stop Loss: Above $2,730.
Critical Levels for Tomorrow
🟢 Support:
• $2,704-$2,705 (pivot).
• $2,689 (defended low).
• $2,683 (liquidity zone).
🔴 Resistance:
• $2,717 (seller block).
• $2,724 (extension).
• $2,730 (psychological cap).
Session Highlights
📍 Japan (02:00-10:00): Quiet accumulation around $2,704.
📍 London (10:00-18:00):Likely retest of $2,717; watch for fakeouts.
📍 New York (15:00-22:00):Decisive move toward $2,724 or reversal to $2,689.
🔥 XAUMO’s Trade Setup 🔥
• Buy: $2,704-$2,705 or breakout above $2,717.
• 🎯 Targets: $2,717, $2,724.
• 🛑 Stop Loss: Below $2,689.
• Sell: $2,717-$2,724 or breakdown below $2,704.
• 🎯 Targets: $2,704, $2,689.
• 🛑 Stop Loss: Above $2,730.
📌 Summary:
• Primary Bias: Bullish → $2,724 target.
• Watch $2,705 pivot zone for institutional clues.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.