XAU break trend - downtrend to 2605 area
XAU / USD trend forecast December 2, 2024
Gold price (XAU/USD) dips to approximately $2,645 in the early Asian session on Monday, pressured by a recovering US Dollar. However, ongoing geopolitical tensions may limit further losses for the precious metal.
In November, Gold experienced a 3% decline, marking its steepest monthly drop since September 2023. Donald Trump's victory in the US Presidential election heightened expectations that the Federal Reserve (Fed) would take a more cautious stance on additional rate cuts, strengthening the US Dollar and weighing on the USD-denominated Gold.
H2 frame shows gold price breaking downtrend - will move towards lower price zones 2605
/// BUY XAU : zone 2607-2604
SL: 2599
TP: 50 - 150 - 300pips (2634)
Safe and profitable trading
Gold price (XAU/USD) dips to approximately $2,645 in the early Asian session on Monday, pressured by a recovering US Dollar. However, ongoing geopolitical tensions may limit further losses for the precious metal.
In November, Gold experienced a 3% decline, marking its steepest monthly drop since September 2023. Donald Trump's victory in the US Presidential election heightened expectations that the Federal Reserve (Fed) would take a more cautious stance on additional rate cuts, strengthening the US Dollar and weighing on the USD-denominated Gold.
H2 frame shows gold price breaking downtrend - will move towards lower price zones 2605
/// BUY XAU : zone 2607-2604
SL: 2599
TP: 50 - 150 - 300pips (2634)
Safe and profitable trading
עסקה פעילה
Gold price recovered above 2640 - still a cumulative sideway price zoneעסקה סגורה: היעד הושג
Gold recovery above 2640 - causing the price range 2605-2688 to continue to accumulate
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.