XAU year end SIDEWAY below 2650 area

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XAU / USD trend forecast December 30, 2024

Gold price (XAU/USD) rises to near $2,625 early Monday, supported by concerns over Donald Trump’s trade policies. However, expectations of fewer Fed rate cuts in 2025 may limit gains, with thin trading ahead of the New Year holiday.

The year-end market is still waiting for President TRUMP to take office, there are not many changes, the sideway price range of 2600 - 2650 continues to be maintained.

/// SELL XAU : zone 2629-2632

SL: 2637

TP: 50 - 150 - 300pips (2602)


Safe and profitable trading

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تم فتح الصفقة

Gold is under year-end selling pressure, trading around the 2610-2620 range

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أغلقت الصفقة: تم الوصول للهدف

Correct downtrend - gold price falls below 2600