XAU - 9 December - Scalping trendline uptrend
Updated
XAU / USD trend forecast December 05, 2024! SCALPING
The Gold price (XAU/USD) continues to lack a clear near-term direction, trading within a familiar range during the early European session on Thursday amid mixed fundamental signals. Heightened geopolitical tensions from the escalating Russia-Ukraine conflict, concerns over potential trade wars, and political unrest in France and South Korea provide a boost to the safe-haven appeal of the precious metal. Additionally, a weaker US Dollar (USD) further supports the yellow metal, helping to limit any significant downside.
Gold price moves within M30 trendline, scalping BUY signal touches trend, sideway
/// BUY XAU : zone 2642-2639 scalping
SL: 2636
TP: 40 - 80 - 150 pips (2654)
Safe and profitable trading
The Gold price (XAU/USD) continues to lack a clear near-term direction, trading within a familiar range during the early European session on Thursday amid mixed fundamental signals. Heightened geopolitical tensions from the escalating Russia-Ukraine conflict, concerns over potential trade wars, and political unrest in France and South Korea provide a boost to the safe-haven appeal of the precious metal. Additionally, a weaker US Dollar (USD) further supports the yellow metal, helping to limit any significant downside.
Gold price moves within M30 trendline, scalping BUY signal touches trend, sideway
/// BUY XAU : zone 2642-2639 scalping
SL: 2636
TP: 40 - 80 - 150 pips (2654)
Safe and profitable trading
Trade active
+ 40 pips, signal BUY ZONE 2642-2639 
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