XAUUSD Intraday 27/01/2025

XAUUSD played out as expected on Friday, and so far today, we’re seeing a pullback to the previous lower high level of 2746, where rejections are forming. If price holds above this level, we could see a push to test 2761, and if that breaks, gold may continue its climb toward the all-time high at 2788. However, if 2746 fails to hold, expect a deeper pullback toward the 2718 level. For safer entries, it’s best to wait for confirmation above 2761 before considering buys. Keep an eye on how price reacts to these key levels.