XAU / USD trend forecast December 24, 2024
Gold prices (XAU/USD) extend their steady climb from the Asian session, reaching a new intraday high near the $2,620 mark in recent trading. Persisting geopolitical tensions and concerns over trade wars provide a supportive backdrop for the precious metal, further aided by a slight decline in US Treasury yields. However, the potential for a significant upside move in XAU/USD appears limited due to the Federal Reserve's (Fed) hawkish stance.
Gold price continues SIDEWAY today, below resistance zone 2635
/// SELL XAU : zone 2633-2636
SL: 2641
TP: 50 - 150 - 300pips (2606)
Safe and profitable trading
Gold prices (XAU/USD) extend their steady climb from the Asian session, reaching a new intraday high near the $2,620 mark in recent trading. Persisting geopolitical tensions and concerns over trade wars provide a supportive backdrop for the precious metal, further aided by a slight decline in US Treasury yields. However, the potential for a significant upside move in XAU/USD appears limited due to the Federal Reserve's (Fed) hawkish stance.
Gold price continues SIDEWAY today, below resistance zone 2635
/// SELL XAU : zone 2633-2636
SL: 2641
TP: 50 - 150 - 300pips (2606)
Safe and profitable trading
Trade active
Gold price continues to move in the price range above 2610Trade closed: target reached
The market has no liquidity for volatility, continuing sideways amplitude below 2620
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💠 Trend analysis: XAU, BTC, Currency,...
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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.
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 "
Related publications
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.