XAU moves narrowly within 2 trendlines
XAU / USD trend forecast December 3, 2024
Gold prices decline as December begins, pressured by a robust US Dollar, bolstered by Trump’s aggressive remarks targeting BRICS nations and a slight reduction in geopolitical tensions. The XAU/USD pair is currently trading at $2,635, marking a 0.58% drop.
The precious metal's downturn deepened after Trump issued a stern warning to BRICS countries, cautioning that any shift away from the US Dollar could result in 100% tariffs. He further stated, “They should be prepared to say goodbye to accessing the wonderful U.S. economy.”
H2 frame forms 2 trendlines above and below, gold price moves sideways and narrows, breaks and determines the upcoming trend
/// SELL XAU : zone 2640-2643
SL: 2648
TP: 50 - 150 - 300pips (2613)
Safe and profitable trading
Gold prices decline as December begins, pressured by a robust US Dollar, bolstered by Trump’s aggressive remarks targeting BRICS nations and a slight reduction in geopolitical tensions. The XAU/USD pair is currently trading at $2,635, marking a 0.58% drop.
The precious metal's downturn deepened after Trump issued a stern warning to BRICS countries, cautioning that any shift away from the US Dollar could result in 100% tariffs. He further stated, “They should be prepared to say goodbye to accessing the wonderful U.S. economy.”
H2 frame forms 2 trendlines above and below, gold price moves sideways and narrows, breaks and determines the upcoming trend
/// SELL XAU : zone 2640-2643
SL: 2648
TP: 50 - 150 - 300pips (2613)
Safe and profitable trading
Transaction en cours
Gold prices show that buyers dominate today - sideway marketTrade fermée: cible de profit atteinte
The sideway price range - in the accumulation range is getting smaller. The trend will soon break and the trend will be clearer
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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.