For XAUUSD, enter a buy trend at the first point of 2697 and the second at 2687. ๐ Set your target levels at 2725 and 2730. ๐ฏ If the price reaches the first target level of 2725, move the stop loss to the entry point to secure your position. ๐ This will protect your profits and prevent potential losses. ๐ Stay alert and monitor the market closely to ensure the trend is moving in your favor toward your target levels. ๐น Keep an eye on key economic events, such as the XAUUSD news for January 16, 2025, to refine your strategy further! ๐
Trading analysis: Analyze market trends, support, and resistance levels before making entry and exit decisions. Adapt to market movements and adjust stop-loss and take-profit points accordingly for a successful strategy. ๐
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