XAU/USD ! 11/8 ! downtrend line / scalping

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XAU / USD trend forecast November 8, 2024! SCALPING

Gold price (XAU/USD) stays below $2,700 as the European session approaches on Friday, weighed down by a slightly stronger US Dollar (USD) amid optimism that Trump’s policies may boost economic growth and inflation. Additionally, a generally positive risk sentiment is reducing demand for the safe-haven metal, pausing its recent recovery from the 50-day Simple Moving Average (SMA) support, after hitting a three-week low on Thursday.

Still following the downtrend - waiting for trendline and retest 2689, scalping down today


/// SELL XAU : zone 2689-2692 scalping

SL: 2695

TP: 40 - 80 - 150 pips (2677)



Safe and profitable trading
Transaction en cours
+ 45 pips, signal scalping SELL 2689-2692
Trade fermée: cible de profit atteinte
+ 100 pips , great signal sell scalp 2689-2692
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