Strong resistance 2723, gold price slows down
XAU / USD trend forecast December 12, 2024
Gold prices prolonged their uptrend on Wednesday following the release of inflation figures in the United States (US). Expectations that the Federal Reserve (Fed) would cut interest rates next week were reaffirmed as the disinflation process evolves, yet at a slower pace. The XAU/USD trades at $2,711, posting gains of 0.40%.
The US Consumer Price Index (CPI) remained firm in November, with headline and core figures aligned with economists' monthly and annual estimates, revealed the US Bureau of Labor Statistics (BLS).
Gold price is recovering well - the resistance level of 2723 is quite strong, causing gold price to move slowly.
/// SELL XAU : zone 2722-2725
SL: 2730
TP: 50 - 150 - 300pips (2695)
Safe and profitable trading
Gold prices prolonged their uptrend on Wednesday following the release of inflation figures in the United States (US). Expectations that the Federal Reserve (Fed) would cut interest rates next week were reaffirmed as the disinflation process evolves, yet at a slower pace. The XAU/USD trades at $2,711, posting gains of 0.40%.
The US Consumer Price Index (CPI) remained firm in November, with headline and core figures aligned with economists' monthly and annual estimates, revealed the US Bureau of Labor Statistics (BLS).
Gold price is recovering well - the resistance level of 2723 is quite strong, causing gold price to move slowly.
/// SELL XAU : zone 2722-2725
SL: 2730
TP: 50 - 150 - 300pips (2695)
Safe and profitable trading
עסקה פעילה
Gold price is sideways around the 2710-2720 areaעסקה סגורה: היעד הושג
Exact DOWN trend .BIG Profit SELL
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
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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.