XAU ! 10/29 ! Continue the uptrend, wait new ATH

Updated
XAU / USD trend forecast October 29, 2024

Gold price (XAU/USD) rises to the $2,757-2,758 range in the Asian session on Tuesday, approaching last week’s record high. Continued safe-haven demand due to Middle East tensions and US election uncertainties supports the metal, while falling US Treasury yields keep the USD under pressure, adding to gold's appeal.

The uptrend is still going on - optimistic sentiment in the market makes gold still a priority investment before the US presidential election


/// SELL XAU : zone 2769-2772

SL: 2777

TP: 50 - 200 - 300 pips (2742)



Safe and profitable trading
Trade active
Sideway gold price around 2750 - Waiting for a new ATH
Order cancelled
Gold is currently sideways around 2745-2755 waiting for upcoming news results
Trade active
Gold price continues to sideways in the 2740-2757 price range. Accumulating the old ATH area, the new ATH is only a short time away
Order cancelled
There is an ATH - 100% trend accurate

25 pips , Plan day sell 2769-2772
Trade active
+ 65 pips , profit from entry sell 2769-2772
Trade closed: stop reached
Strong uptrend - fomo gold makes higher ATH. 2800 price zone can be reached next
Trade active
Gold prices continue to rise - a boom year for gold. Still a strong increase in price today
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