Gold sideways below 2700 price zone ! Scalping
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XAU / USD trend forecast November 25, 2024! SCALPING
Gold prices (XAU/USD) remain under significant selling pressure during the early European session on Monday, though they manage to stay above the $2,650 mark and hold support at the 100-period Simple Moving Average (SMA) on the 4-hour chart. The nomination of Scott Bessent as US Treasury Secretary has removed a key source of uncertainty for the markets. Additionally, reports suggesting that Israel is nearing a ceasefire agreement with Hezbollah in Lebanon have bolstered investor confidence, reducing demand for the safe-haven yellow metal.
Monday gold price is under a lot of selling pressure below $2700, sideways and accumulating below this price range
/// SELL XAU : zone 2685-2688
SL: 2691
TP: 40 - 80 - 150 pips (2673)
Safe and profitable trading
Gold prices (XAU/USD) remain under significant selling pressure during the early European session on Monday, though they manage to stay above the $2,650 mark and hold support at the 100-period Simple Moving Average (SMA) on the 4-hour chart. The nomination of Scott Bessent as US Treasury Secretary has removed a key source of uncertainty for the markets. Additionally, reports suggesting that Israel is nearing a ceasefire agreement with Hezbollah in Lebanon have bolstered investor confidence, reducing demand for the safe-haven yellow metal.
Monday gold price is under a lot of selling pressure below $2700, sideways and accumulating below this price range
/// SELL XAU : zone 2685-2688
SL: 2691
TP: 40 - 80 - 150 pips (2673)
Safe and profitable trading
Transaction en cours
+ 80 pips , great PLAN SELL 2685-2688Trade fermée: cible de profit atteinte
+ 620 pips , amazing signal SELL 2685-2688, great SELL
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
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