XAU! 11/7! retest 2680 area to get liquidity
Updated
XAU / USD trend forecast November 7, 2024! SCALPING
Gold prices (XAU/USD) decline for the second straight session on Thursday, weighed down by a stronger US Dollar following former President Donald Trump's election win.
The precious metal faces selling pressure as safe-haven demand wanes, with market optimism rising on the back of “Trump trades.” With the presidential outcome now clear, the markets are less concerned about a contested result, contributing to the bearish sentiment around gold.
Gold prices mostly sideways before the FOMC meeting tonight: 2650 - 2670
/// BUY XAU : zone 2661-2658 scalping
SL: 2655
TP: 40 - 80 - 150 pips (2673)
Safe and profitable trading
Gold prices (XAU/USD) decline for the second straight session on Thursday, weighed down by a stronger US Dollar following former President Donald Trump's election win.
The precious metal faces selling pressure as safe-haven demand wanes, with market optimism rising on the back of “Trump trades.” With the presidential outcome now clear, the markets are less concerned about a contested result, contributing to the bearish sentiment around gold.
Gold prices mostly sideways before the FOMC meeting tonight: 2650 - 2670
/// BUY XAU : zone 2661-2658 scalping
SL: 2655
TP: 40 - 80 - 150 pips (2673)
Safe and profitable trading
Note
+ 50 pips , entry Buy 2661-2658 , scalping Order cancelled
+ 100 pips , signal BUY 2661-2658 scalping , wonderfull 
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