ADP - NF gold reduce to approach price zone 2605

٤ ديسمبر ٢٠٢٤

XAU / USD trend forecast December 4, 2024

Gold prices edged higher on Tuesday during the North American session, with XAU/USD advancing by 0.28% despite a rise in US Treasury yields. The precious metal found support from broad-based weakness in the US Dollar and is currently trading around $2,644.

Gold's upward momentum continued as market participants largely disregarded positive US labor market data from the Department of Labor. Job openings in the United States saw a significant increase, signaling that the labor market remains robust, yet this failed to weigh on the yellow metal's gains.

The price will soon fall below 2600 to wait for President Trump to officially take office, gold will decrease in attraction when the world finance recovers strongly.

/// SELL XAU : zone 2662-2665

SL: 2670

TP: 50 - 150 - 300pips (2635)


Safe and profitable trading

٤ ديسمبر ٢٠٢٤

تم فتح الصفقة

waiting for price movement when ADP-NF is announced, gold price is sideways above 2640 area

٤ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

Waiting for the resistance price zone 2662-2665, gold price is recovering after ADP - NF news