XAU ! 26 Nov ! SCALPING support zone M45
Zaktualizowano
XAU / USD trend forecast November 26, 2024! SCALPING
Gold prices (XAU/USD) continue to trade with a bearish tone for the second consecutive day, hovering just above a one-week low during the early European session on Tuesday. Increasing confidence that US President-elect Donald Trump's expansionary policies will drive up inflation and reduce the likelihood of further interest rate cuts by the Federal Reserve (Fed) has pushed US Treasury yields higher. This, in turn, has renewed demand for the US Dollar (USD), weighing on the appeal of the non-yielding yellow metal.
Gold price continues to fall - moving towards long-term support zone 2605, slight recovery reaction
/// BUY XAU : zone 2606-2603
SL: 2600
TP: 40 - 80 - 150 pips (2618)
Safe and profitable trading
Gold prices (XAU/USD) continue to trade with a bearish tone for the second consecutive day, hovering just above a one-week low during the early European session on Tuesday. Increasing confidence that US President-elect Donald Trump's expansionary policies will drive up inflation and reduce the likelihood of further interest rate cuts by the Federal Reserve (Fed) has pushed US Treasury yields higher. This, in turn, has renewed demand for the US Dollar (USD), weighing on the appeal of the non-yielding yellow metal.
Gold price continues to fall - moving towards long-term support zone 2605, slight recovery reaction
/// BUY XAU : zone 2606-2603
SL: 2600
TP: 40 - 80 - 150 pips (2618)
Safe and profitable trading
Zlecenie aktywne
Gold price is mainly sideways around the 2615 - 2640 area
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