FPG XAUEUR Market Report January 20, 2025

This detailed analysis of XAUEUR on the daily timeframe is designed to provide valuable insights for mid-term and long-term traders. After a prolonged period of price oscillation that began in mid-October 2024, the market exhibited significant movement in January 2025, with the price breaking above the critical level of 2594.67. This breakout marked the establishment of a new trading channel, with the current price stabilizing around 2620.00.

In January 2025, the price reached a peak of approximately 2645.81 before experiencing a downward retracement. This peak serves as an important reference point and is identified as the latest resistance level. Traders are advised to monitor this level closely, as it may play a crucial role in determining future price movements.

The appearance of the most recent fractal, represented by an upward arrow, signals a potential trend reversal. This development suggests that the current price trajectory leans towards a downtrend. Market participants should exercise caution and remain vigilant for further confirmation of this trend.

Furthermore, the Bollinger Bands continue to display a relatively wide formation, indicating that market volatility remains elevated. This heightened volatility presents both opportunities and risks, making it essential for traders to adopt well-informed strategies and risk management practices as they navigate the market.

Market Observation & Strategy Advice:

1. Bullish Scenario: If a new fractal symbol emerges in the near future and the price surpasses 2645.81, traders may consider entering a long position.

2. Bearish Scenario: If the price falls back below 2594.67 and also breaks through the Moving Average line, traders can consider going short with a target back to 2495.99.

3.Risk Management: For traders engaging in the bullish scenario, implementing a robust risk management strategy is essential. In such cases, it is recommended to set a trailing stop-loss order. This approach allows traders to lock in profits while giving the trade room to move favorably with market momentum. A trailing stop adjusts automatically as the price moves higher, offering protection against sudden reversals while maximizing gains during a sustained uptrend.

Market Performance:

Commodities Last Price % Change

XAUUSD 2,696.76 -0.18%

XAGUSD 30.30 +0.27%

XPTUSD 939.30 -0.33%

Today's Key Economic Calendar:

JP: Machinery Orders MoM/YoY

CN: Loan Prime Rate

CA: BoC Business Outlook Survey

Risk Disclaimer This report is for informational purposes only and does not constitute financial advice. Investments involve risks, and past performance does not guarantee future results. Consult your financial advisor for personalized investment strategies.