GOLD/ DECLINING
Updated
Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve’s interest rate outlook and President-elect Donald Trump’s tariff policies, which could shape the metal’s 2025 trajectory.
Generally, the direction is a downtrend.
Downtrend Side: If trading continues below 2640, the bearish trend is expected to remain active, targeting levels of 2606 and 2566.
Correction: From 2606 to around 2623
Uptrend Side: The price will trend up when it breaks above 2640, especially if it can reach and cross 2664.
Tendency Keys: 2623
Generally, the direction is a downtrend.
Downtrend Side: If trading continues below 2640, the bearish trend is expected to remain active, targeting levels of 2606 and 2566.
Correction: From 2606 to around 2623
Uptrend Side: The price will trend up when it breaks above 2640, especially if it can reach and cross 2664.
Tendency Keys: 2623
Trade active
Gold prices dipped in thin trade on Monday as traders awaited fresh catalysts, including next week’s U.S. economic data that could influence the Federal Reserve’s 2025 interest-rate outlook, as well as policies from incoming President Donald Trump.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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