@AnkitJainOfficial

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Avg. Quality

77

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54.88

Analysis

82
Correct
45
Fail
37
Pending
0
Ineffective
0
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If You Had Traded on This Analysis…
Correct
XAUUSD
Long Entry 4,588.4000 2026-01-17 11:15 UTC
Target 4,680.0000 In 3 Days Fail 4,584.8000
Risk/Reward 1 : 25
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Final PnL
2.00%
P/L:
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XAUUSD
Correct
Forex
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Spot Gold (XAUUSD) with a weekly timeframe. The price action indicates a strong bullish trend, with recent attempts to break out and consolidate. Technical indicators like Moving Averages and RSI suggest continued strength, though there are some signs of potential reversal or consolidation. Key support levels to watch for downside continuation are identified around 4584-80, 4570, 4560, 4540, 4510, and 4488. Conversely, upside targets are projected at 4660, 4678, 4710, and potentially 4800. The market is currently in an overbought condition across multiple timeframes, and traders should be cautious of potential pullbacks, especially if the price breaks below critical support levels.
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