XAU / USD trend forecast January 13, 2025, SCALPING
This follows the Federal Reserve's (Fed) hawkish pivot in December, diminishing expectations for additional interest rate reductions by the US central bank. As a result, US Treasury bond yields and the US Dollar have climbed higher.
The yield on the benchmark 10-year US Treasury has surged to its highest level since late 2023, while the US Dollar Index, which measures the currency's performance against a basket of six major peers, has risen to a more than two-year high.
Gold sideways, accumulating in the price range of 2680-2690 waiting for the upcoming increase
/// BUY XAU : zone 2678-2675
SL: 2672
TP: 50 - 80 - 150pips (2690)
Safe and profitable trading
This follows the Federal Reserve's (Fed) hawkish pivot in December, diminishing expectations for additional interest rate reductions by the US central bank. As a result, US Treasury bond yields and the US Dollar have climbed higher.
The yield on the benchmark 10-year US Treasury has surged to its highest level since late 2023, while the US Dollar Index, which measures the currency's performance against a basket of six major peers, has risen to a more than two-year high.
Gold sideways, accumulating in the price range of 2680-2690 waiting for the upcoming increase
/// BUY XAU : zone 2678-2675
SL: 2672
TP: 50 - 80 - 150pips (2690)
Safe and profitable trading
Trade active
Gold price adjusts around the liquidity zone 2664
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.