XAU / USD trend forecast December 5, 2024
Inflation has remained more persistent than anticipated, with the latest three readings showing that the disinflation process has stalled. Although prices rose slightly by 0.1%, they are still far from the Federal Reserve's 2% target.
Meanwhile, other officials have shared their views. St. Louis Fed President Alberto Musalem indicated that the time to slow or pause rate cuts might be near. He highlighted that the labor market is consistent with full employment and expressed optimism that inflation could return to the 2% target within the next two years.
sideway, accumulation will continue today Thursday, the longer the sideway, the stronger the news about NF Friday will be
/// SELL XAU : zone 2655-2658
SL: 2663
TP: 50 - 150 - 300pips (2628)
Safe and profitable trading
Inflation has remained more persistent than anticipated, with the latest three readings showing that the disinflation process has stalled. Although prices rose slightly by 0.1%, they are still far from the Federal Reserve's 2% target.
Meanwhile, other officials have shared their views. St. Louis Fed President Alberto Musalem indicated that the time to slow or pause rate cuts might be near. He highlighted that the labor market is consistent with full employment and expressed optimism that inflation could return to the 2% target within the next two years.
sideway, accumulation will continue today Thursday, the longer the sideway, the stronger the news about NF Friday will be
/// SELL XAU : zone 2655-2658
SL: 2663
TP: 50 - 150 - 300pips (2628)
Safe and profitable trading
Trade active
Gold price is sideways around 2650 waiting for entry SELL 2655, along with unemployment newsTrade closed: target reached
+ 300 pips , FULL TP . Signal SELL ZONE 2655-2658. Plan sell XAU 
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💠 Trend analysis: XAU, BTC, Currency,...
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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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.
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.