ANNUAL CLOSING PREDICTION
Updated
🌟 XAU/USD Gold Forecast - Monday, December 16, 2024 🌟
Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545.
🔑 Key Levels to Watch:
Resistance: $2,765 – A critical ceiling for upward movement.
Support: $2,545 – A safety net for price drops.
📈 Market Sentiment:
Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels.
📅 Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops.
Stay tuned for updates and live action on XAU/USD throughout the week!
Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545.
🔑 Key Levels to Watch:
Resistance: $2,765 – A critical ceiling for upward movement.
Support: $2,545 – A safety net for price drops.
📈 Market Sentiment:
Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels.
📅 Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops.
Stay tuned for updates and live action on XAU/USD throughout the week!
Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
Trade active
buy trade active targeting 2670
Trade closed: target reached
ALL SELL LEVEL DONE TARGET DONE 500+pips profit booked
✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
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✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
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