XAU / USD trend forecast December 31, 2024
The US Dollar Index (DXY) stays near 108.00 as markets absorb the Federal Reserve's hawkish stance. Falling US Treasury yields, with 2-year and 10-year rates at 4.24% and 4.53%, have lent some support to non-yielding Gold. Persistent geopolitical tensions, including the Russia-Ukraine war and Middle East unrest, continue to bolster safe-haven demand for the metal.
Gold price shows unpredictability at the end of the year, sideways. Break downtrend H1, waiting for retest point BUY
/// BUY XAU : zone 2612-2609 scalping
SL: 2606
TP: 50 - 100 - 150pips (2624)
Safe and profitable trading
The US Dollar Index (DXY) stays near 108.00 as markets absorb the Federal Reserve's hawkish stance. Falling US Treasury yields, with 2-year and 10-year rates at 4.24% and 4.53%, have lent some support to non-yielding Gold. Persistent geopolitical tensions, including the Russia-Ukraine war and Middle East unrest, continue to bolster safe-haven demand for the metal.
Gold price shows unpredictability at the end of the year, sideways. Break downtrend H1, waiting for retest point BUY
/// BUY XAU : zone 2612-2609 scalping
SL: 2606
TP: 50 - 100 - 150pips (2624)
Safe and profitable trading
Trade active
Great entry BUY , retest . BIG PROFIT . FULL TP + 150 pips 
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💠 Trend analysis: XAU, BTC, Currency,...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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 "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.