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