extended its record rally, trading at 2,658.6

198
we are seeing a price setup from XAU and the price is getting higher every day, every day there is a price record
expect that if the trend of interest rate cuts and political tensions in the Middle East continue to escalate, there is a possibility that gold will rise to $3,000/ounce in the medium term
Speculation surrounding the possibility of some new moves by Iran has boosted safe-haven demand for the precious metal, said Bob Haberkorn, senior market strategist at RJO Futures.
Note
SELL XAU
Note
SELL XAU 2661
Tp1: 2655
Tp2: 2648

SL: 2669
Note
running + 30 pips
Note
Running + 70 PIPS

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.