XAU 10/3 ! break and buy now ! touch old ATH 2681

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XAU / USD trend forecast October 3, 2024

Gold price (XAU/USD) remains under pressure during Thursday's Asian session due to a stronger US Dollar, supported by reduced expectations of aggressive Fed rate cuts. Wednesday's positive US ADP report highlighted labor market stability, causing investors to further lower their bets on a large rate cut in November. As a result, the USD Index (DXY) reached a three-week high, weakening demand for gold.

Gold price moves in large range - touches H2 downtrend trendline

Upward view based on world war tension in the middle east

/// BUY XAU : zone 2641-2644

SL: 2636

TP: 50 - 100 - 300 pips (2671)


Safe and profitable trading

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Gold price decreased slightly in the Asian session - Thursday around the 2650 area

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+ 45 pips , PLAN DAY BUY 2641-2644

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Profit signal PLAN DAY buy 2641-2644 has 70 pips

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+ 85 pipss, plan 10/3/2024 buy 2641-2644

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+ 130 pips , PLAN DAY BUY 2641-2644