D.Trump officially becomes US President , a Big bang for Gold?

129
Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump.

Investors are waiting for President Trump to issue the first order on the US President's diamond so they can make specific investments.

Technically:
Determined based on the H4 time frame and following the trend line as follows:

Resistance: $2724, $2748

Support: $2660, $2635


Price Zone Setup:
👉 Buy XAU 2686-2684 (Asia-Europe Session)

❌SL: 2679 | ✅TP: 2691 - 2698 – 2710


👉 Buy XAU 2662-2660

❌SL: 2654 | ✅TP: 2668 - 2674 – 2780


👉SELL XAU 2748-2750

❌SL: 2755 | ✅TP: 2742 - 2737 - 2730

Thank you for reading my comment: "FM"

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.