Gold Rebounds - Will Interest Rates Drop Today?
XAU / USD trend forecast December 18, 2024
Gold price (XAU/USD) finds it challenging to build on Tuesday's rebound from a more than one-week low, fluctuating between slight gains and minor losses as the European session approaches on Wednesday. Market participants appear cautious, holding off on making significant moves ahead of the critical FOMC policy announcement later in the day. Meanwhile, anticipation of a less dovish stance from the Federal Reserve (Fed) supports higher US Treasury bond yields and the US Dollar (USD), limiting the upside for the non-yielding precious metal.
Gold price sideways short range 2640-2655 in Asian, European sessions, waiting for US session and interest rate data in US session
/// SELL XAU : zone 2673-2676 scalping
SL: 2679
TP: 50 - 100 - 150pips (2661)
Safe and profitable trading
Gold price (XAU/USD) finds it challenging to build on Tuesday's rebound from a more than one-week low, fluctuating between slight gains and minor losses as the European session approaches on Wednesday. Market participants appear cautious, holding off on making significant moves ahead of the critical FOMC policy announcement later in the day. Meanwhile, anticipation of a less dovish stance from the Federal Reserve (Fed) supports higher US Treasury bond yields and the US Dollar (USD), limiting the upside for the non-yielding precious metal.
Gold price sideways short range 2640-2655 in Asian, European sessions, waiting for US session and interest rate data in US session
/// SELL XAU : zone 2673-2676 scalping
SL: 2679
TP: 50 - 100 - 150pips (2661)
Safe and profitable trading
Transaction en cours
Market drops below 2640, ahead of today's interest rate data
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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 "
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.