XAUUSD - Range trading below 2635

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XAU / USD trend forecast December 24, 2024

Gold prices (XAU/USD) extend their steady climb from the Asian session, reaching a new intraday high near the $2,620 mark in recent trading. Persisting geopolitical tensions and concerns over trade wars provide a supportive backdrop for the precious metal, further aided by a slight decline in US Treasury yields. However, the potential for a significant upside move in XAU/USD appears limited due to the Federal Reserve's (Fed) hawkish stance.

Gold price continues SIDEWAY today, below resistance zone 2635

/// SELL XAU : zone 2633-2636

SL: 2641

TP: 50 - 150 - 300pips (2606)


Safe and profitable trading

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تم فتح الصفقة

Gold price continues to move in the price range above 2610

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أغلقت الصفقة: تم الوصول للهدف

The market has no liquidity for volatility, continuing sideways amplitude below 2620