9/25 ! XAU increased strongly ! New ATH 2682
Updated
XAU / USD trend forecast September 25, 2024
Following the data release, US Treasury yields fell slightly, with the 10-year note dropping to 3.73%. The US Dollar Index (DXY) also declined by 0.42%, hitting a two-day low of 100.48. Fed Governor Michelle Bowman, known for her hawkish stance, emphasized significant inflation risks and supported a gradual approach to rate cuts to avoid reigniting inflation.
Based on M30, NEW ATH to set up SELL signal
/// SELL XAU : zone 2681-2684
SL: 2689
TP: 50 - 150 - 300 pips (2654)
Safe and profitable trading
Following the data release, US Treasury yields fell slightly, with the 10-year note dropping to 3.73%. The US Dollar Index (DXY) also declined by 0.42%, hitting a two-day low of 100.48. Fed Governor Michelle Bowman, known for her hawkish stance, emphasized significant inflation risks and supported a gradual approach to rate cuts to avoid reigniting inflation.
Based on M30, NEW ATH to set up SELL signal
/// SELL XAU : zone 2681-2684
SL: 2689
TP: 50 - 150 - 300 pips (2654)
Safe and profitable trading
Trade active
Gold price reached ATH 2670 - decreased and adjusted to the 2650-2660 rangeTrade active
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Gold price rises above 2660 as US session begins. Buying power prevails
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💠 Trend analysis: XAU, BTC, Currency,...
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