"XAUUSD" Weekly Trading View DATE: 11-01-2025
Jai Shri Ram!
http://www.fxlive.in/
"XAUUSD" Weekly Trading View: Last week we had seen positive sentiment on Gold because negative sentiment on Equity market and made new high of $2697.85 and before that made low of $2614.36 and $2689.75 is weekly close.
Now Question is what's Next ?
Yesterday "NFP" data was positive for dollar but Gold not correct because of negative sentiment on equity market. as per weekly closing Gold looks more positive on coming week. Now there is good trend-line resistance level of $2716 and if we get break out and holding above our levels then we can expect another rise up to next level of $2744 & $2788 but if XAUUSD, not able to holding above our trendline resistance zone then we can see some correction up to next support of $2656 and after that $2614 possible
Regards
The Market thinker
MCX Commodity + NSE Equity and Forex Market
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