XAU / USD trend forecast September 24, 2024
On Monday, Fed regional presidents noted rising risks in the labor market but opposed a 50 bps rate cut, signaling a cautious approach for future meetings. This slowed the XAU/USD rally. However, escalating tensions between Israel and Hezbollah, with the US sending more troops to the Middle East, could boost Gold prices as risk appetite declines.
Based on M45, NEW ATH to set up SELL signal
/// SELL XAU : zone 2639-2642
SL: 2647
TP: 50 - 150 - 250 pips (2617)
Safe and profitable trading
On Monday, Fed regional presidents noted rising risks in the labor market but opposed a 50 bps rate cut, signaling a cautious approach for future meetings. This slowed the XAU/USD rally. However, escalating tensions between Israel and Hezbollah, with the US sending more troops to the Middle East, could boost Gold prices as risk appetite declines.
Based on M45, NEW ATH to set up SELL signal
/// SELL XAU : zone 2639-2642
SL: 2647
TP: 50 - 150 - 250 pips (2617)
Safe and profitable trading
Trade active
+ 105 pips - woww signal SELL PLAN DAY 2639-2642 Trade active
+ 150 pips , signal PLAN DAY SELL 2639-2642 Trade active
Gold price shows that sellers are trying to push prices down, sideways around 2620-2630Trade active
Gold price decreased before today's CB news - trading around 2625Trade active
Gold price at new ATH - huge buying force at 2655. Fomo during the week is very high
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.
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.