Technical analysis by a_ about Symbol XAUT: Buy recommendation (1/21/2025)

Following the inauguration of Trump's presidency, Saint -Oz Gold has been reinforced and priced at $ 2720. Currently, the price is over the range and is stabilizing around $ 2730. The US and the Federal Reserve decisions can affect its trend. Meanwhile, economic reports as well as the status of US bonds play an important role in directing gold prices. Also, given the rising fluctuations in global markets, attention to support and resistance in short -term trends has become more important for market participants. If the market succeeds in maintaining $ 2700 support, this could help boost the upward trend and move to higher levels, including $ 2740.