23 december - support zone 2618 , entry BUY scalping

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XAU / USD trend forecast December 23, 2024

The Federal Reserve's (Fed) hawkish stance continues to support elevated US Treasury yields, helping the US Dollar (USD) gain traction through dip-buying on Monday. This development adds pressure to the non-yielding Gold price, suggesting the need for solid follow-through buying before considering further upside potential. Market participants now turn their attention to the Conference Board's Consumer Confidence Index for fresh direction.

Monday, gold price sideways price range 2618 - 2635, waiting for support zone M30, set up BUY entry

/// BUY XAU : zone 2618-2615 scalping

SL: 2612

TP: 50 - 100 - 150pips (2630)

Safe and profitable trading

٢٣ ديسمبر ٢٠٢٤

تم فتح الصفقة

+ 45 pips , great signal scalping Buy 2615-2618