XAU / USD trend forecast December 26, 2024
Gold prices remain steady near $2,611 as the market absorbs a more cautious view of US interest rate trajectories. The US Dollar continues to hold firm, buoyed by the Federal Reserve's signals of a measured approach to rate adjustments. Recent commentary from Fed officials suggests a reduction in anticipated rate cuts, with projections for the federal funds rate now targeting 3.9% by the end of 2025. This recalibration reflects the slower pace of disinflation in the US economy, adding layers of complexity for investors.
Meanwhile, uncertainty surrounding the policy direction of President-elect Donald Trump—spanning immigration, trade agreements, and tax reforms—further amplifies the cautious sentiment in financial markets. As traders weigh these interconnected factors, Gold remains within a tight range, signaling a market hesitant to commit until clarity emerges on key economic and political developments.
Gold market at the end of the year is mainly sideways, waiting for entry to BUY trendline H2
/// BUY XAU : zone 2617-2614
SL: 2609
TP: 50 - 150 - 300pips (2644)
Safe and profitable trading
Gold prices remain steady near $2,611 as the market absorbs a more cautious view of US interest rate trajectories. The US Dollar continues to hold firm, buoyed by the Federal Reserve's signals of a measured approach to rate adjustments. Recent commentary from Fed officials suggests a reduction in anticipated rate cuts, with projections for the federal funds rate now targeting 3.9% by the end of 2025. This recalibration reflects the slower pace of disinflation in the US economy, adding layers of complexity for investors.
Meanwhile, uncertainty surrounding the policy direction of President-elect Donald Trump—spanning immigration, trade agreements, and tax reforms—further amplifies the cautious sentiment in financial markets. As traders weigh these interconnected factors, Gold remains within a tight range, signaling a market hesitant to commit until clarity emerges on key economic and political developments.
Gold market at the end of the year is mainly sideways, waiting for entry to BUY trendline H2
/// BUY XAU : zone 2617-2614
SL: 2609
TP: 50 - 150 - 300pips (2644)
Safe and profitable trading
Trade active
Gold price ranges sideways in the price range 2620-2630Trade closed: target reached
Accurate BUY trend - BUY entry has not reached 2617. Recovery Break from sideway price range
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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.