Interest rate announcement - gold awaits recovery

١٨ ديسمبر ٢٠٢٤

XAU / USD trend forecast December 18, 2024

Gold prices fell to a fresh weekly low of $2,633 on Tuesday after robust US Retail Sales data dampened market sentiment. The stronger data tempered expectations that the Federal Reserve (Fed) might take an aggressive stance in easing monetary policy in 2025. At the time of writing, XAU/USD is trading at $2,637, reflecting a 0.57% decline.

Interest rate news almost certain to cut another 25 basis points, optimistic recovery for the market, gold price increases

/// BUY XAU : zone 2643-2640

SL: 2635

TP: 50 - 150 - 300pips (2670)


Safe and profitable trading

١٨ ديسمبر ٢٠٢٤

تم فتح الصفقة

+ 70 pips , signal BUY 2643-2640 , great profit

١٨ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

Cut 25 points as expected - market plummets below 2600