Feb 2 – Feb 6 Gold and forex trade weekly setups

2 mins well spent

XAUUSD – Gold Holds Higher Low

XAUUSD reached a higher low area of the uptrend line

XAUUSD – Gold Hits Higher High

XAUUSD is moving in an uptrend channel, and the market has reached a higher high area of the channel

Gold Did Exactly What the Structure Signaled — XAUUSD Plunges 91,000 Points from the Higher-High Zone
Check the analysis article here: https://www.forexgdp.com/news/xauusd-consolidates-after-historic-rally/

Check our Previous XAGUSD Before/After Chart Analysis Update:

Silver Did Exactly What the Structure Suggested — XAGUSD Drops 48,000 Points

See the earlier higher-high analysis here: https://www.forexgdp.com/news/top-6-market-analysis-jan-29-2026/

Bitcoin Did Exactly What the Structure Suggested — BTCUSD Drops 17,000 Points from Ascending Channel Retest
See the analysis here: https://www.forexgdp.com/news/weekly-trade-forecast-jan26-jan30/

EURUSD – Price Hits Channel Low

EURUSD is moving in a descending channel, and the market has reached the lower low area of the channel

GBPUSD – Sellers Push Lower

GBPUSD is moving in a descending channel, and the market has reached the lower low area of the channel

USDJPY – Higher Low in Uptrend

USDJPY is moving in an uptrend channel, and the market has reached a higher low area of the channel

USDCHF – Descending Channel Broken

USDCHF has broken the descending channel in downside

USDCAD – Rebound at Lower Low

USDCAD is moving in a descending channel, andthe market has rebounded from the lower low area of the channel

EURGBP – Buyers Defend Higher Low

EURGBP is moving in an uptrend channel, and the market has reached a higher low area of the channel

EURAUD – Pullback from Lower High

EURAUD is moving in a symmetrical Triangle pattern, and the market has fallen from the lower high area of the pattern

EURNZD – Bullish Channel Support

EURNZD is moving in an uptrend channel, and the market has reached a higher low area of the channel

AUDNZD – Price Hits Channel High

AUDNZD is moving in an uptrend channel, and the market has reached a higher high area of the channel

BTCUSD – Price Hits Channel Low

BTCUSD is moving in a downtrend channel, andthe market has reached the lower low area of the channel

BTCUSD – Higher Low in Uptrend

BTCUSD is moving in an uptrend channel, and the market has reached the higher low area of the channel