#XAUUSD Analysis – January 10, 2024

Hello everyone. Have a nice day! Today's trading session was very profitable 😊😊
Yesterday, GOLD rose significantly above 2040, but failed to break out of the 2042 range. Following frames like H4 and D1, the current candlestick and trend still clearly indicate that GOLD will continue to fall. Trading yesterday was quite slow. In my opinion, there will be very strong CPI news tomorrow and the day after tomorrow, and a sharp decline this weekend is likely. > Currently, the price is completely below the Ma line, indicating that the trend will continue down. “Sell” according to market trends
>Currently everyone is selling from his 2036 to his 2040 price range
SL2042
TP 2028>201x
> Purchasing Rhythm I still hold the opinion that I will buy at a price of 2>3, so I won't say a specific price. If there are signs of upswing and reversal, we will recommend further. > Trade according to this trend today. If you have any questions about entry points or trading methods, please email us.


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