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XAU ! 11/11 ! XAU sideway , wait retest 2681

XAU / USD trend forecast November 11, 2024! SCALPING

Gold prices saw their sharpest weekly drop in over five months as the US Dollar strengthened broadly and US Treasury yields surged after Donald Trump's presidential win. The "Trump trade" momentum keeps supporting the Greenback, adding pressure to gold prices for the second day on Monday, with equity markets maintaining a positive outlook.

Gold is still sideways around the price range of 2664 - 2675, waiting for a break and entering orders following the trend. Waiting for the retest range of 2681 to set up a SELL signal.

/// SELL XAU : zone 2681-2684 scalping

SL: 2687

TP: 40 - 80 - 150 pips (2669)



Safe and profitable trading
עסקה פעילה
Price dropped sharply - accurate assessment. Currently trading around the 2630 zone

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