Waiting sentiment ahead of FOMC - NOTE resistance 2675
XAU / USD trend forecast December 17, 2024
Gold prices see a modest uptick during the early North American session at the start of the week, rising 0.28% as market participants anticipate the Federal Open Market Committee's (FOMC) upcoming decision. Currently, XAU/USD is trading at $2,643, slightly higher than its opening levels but below the day’s peak.
The US economic calendar offered limited updates, with the release of December's S&P Global Flash PMIs presenting mixed results. While the manufacturing sector showed signs of a slowdown after last month’s improvement, the services sector posted its strongest performance of 2024 so far.
Gold price sideways in the price range of 2630 - 2660 before FOMC, accumulation and waiting psychology from the market
/// SELL XAU : zone 2673-2676
SL: 2681
TP: 50 - 150 - 300pips (2646)
Safe and profitable trading
Gold prices see a modest uptick during the early North American session at the start of the week, rising 0.28% as market participants anticipate the Federal Open Market Committee's (FOMC) upcoming decision. Currently, XAU/USD is trading at $2,643, slightly higher than its opening levels but below the day’s peak.
The US economic calendar offered limited updates, with the release of December's S&P Global Flash PMIs presenting mixed results. While the manufacturing sector showed signs of a slowdown after last month’s improvement, the services sector posted its strongest performance of 2024 so far.
Gold price sideways in the price range of 2630 - 2660 before FOMC, accumulation and waiting psychology from the market
/// SELL XAU : zone 2673-2676
SL: 2681
TP: 50 - 150 - 300pips (2646)
Safe and profitable trading
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.