Moon-ForexAcademy

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 3, 2024 Gold prices decline as December begins, pressured by a robust US Dollar, bolstered by Trump’s aggressive remarks targeting BRICS nations and a slight reduction in geopolitical tensions. The XAU/USD pair is currently trading at $2,635, marking a 0.58% drop. The precious metal's downturn deepened after Trump issued a...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 03, 2024 ! SCALPING Gold prices (XAU/USD) struggle to build on their modest intraday rise toward the $2,650 level and flatten out during the early European session on Tuesday. Market participants appear cautious, opting to wait for clearer signals regarding the Federal Reserve's (Fed) intentions on future rate cuts before...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 2, 2024 Gold price (XAU/USD) dips to approximately $2,645 in the early Asian session on Monday, pressured by a recovering US Dollar. However, ongoing geopolitical tensions may limit further losses for the precious metal. In November, Gold experienced a 3% decline, marking its steepest monthly drop since September 2023. Donald...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 02, 2024 ! SCALPING The Gold price (XAU/USD) rebounds modestly from the daily low but remains under pressure during the early European session, trading near the $2,630 mark. Anticipation that US President-elect Donald Trump's proposed tariffs might stoke inflation and restrict the Federal Reserve's (Fed) ability to implement...

Moon-ForexAcademy Updated 

USDJPY trend forecast December 02, 2024 The Japanese Yen (JPY) stays under pressure against the US Dollar (USD) during Monday's Asian session, enabling the USD/JPY pair to maintain intraday gains above the mid-150.00s. Renewed upward momentum in US Treasury bond yields reflects concerns that President-elect Donald Trump's proposed tariffs might drive up...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 29, 2024 Gold prices hovered near $2,630 on Thursday in a subdued trading session, with US markets closed for Thanksgiving. Geopolitical developments remained a key factor influencing the price of the non-yielding metal, which has seen declines over the past three trading days. XAU/USD is currently trading at $2,637, showing...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 28, 2024! SCALPING Russian President Vladimir Putin announced that Russia might deploy its new hypersonic missile to target decision-making centers in Ukraine as retaliation for Ukraine's use of Western missiles against Russian territory. Earlier this week, US President-elect Donald Trump vowed to impose tariffs on all...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 28, 2024 ! SCALPING Gold prices (XAU/USD) rebound from an intraday dip near the $2,620 mark, climbing toward the upper end of their daily range as the European session approaches on Thursday. Ongoing worries over US President-elect Donald Trump's proposed tariffs and heightened geopolitical tensions from the escalating...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 28, 2024 Gold prices rebounded on Wednesday after hitting a weekly low of $2,605, supported by a weaker US Dollar in response to newly released US economic data. This, coupled with declining US Treasury bond yields, aided the recovery, pushing XAU/USD to $2,636, up by 0.13%. Market sentiment turned slightly cautious as US...

Moon-ForexAcademy

GBPUSD trend forecast November 28, 2024 The GBP/USD pair remains under pressure as the US Dollar (USD) strengthens following the latest US inflation data, which showed robust consumer spending growth for October. However, the report also signaled limited progress in reducing inflation, keeping the Federal Reserve cautious. During Thursday's Asian trading...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 27, 2024 ! SCALPING Gold prices (XAU/USD) extend their recovery from the $2,600 region—a one-week low—gaining further positive momentum for the second consecutive day on Wednesday. Ongoing geopolitical risks linked to the prolonged Russia-Ukraine conflict, combined with US President-elect Donald Trump's tariff proposals,...

Moon-ForexAcademy Updated 

USDJPY trend forecast November 27, 2024 The Japanese Yen (JPY) continues to attract strong buying interest on Wednesday, pushing the USD/JPY pair below the 152.00 level to hit a three-week low during the early European session. Safe-haven demand for the JPY is bolstered by geopolitical risks tied to the prolonged Russia-Ukraine conflict and concerns over US...

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XAU / USD trend forecast November 27, 2024 Gold prices remain steady at approximately $2,625 for the second consecutive day, despite US President Donald Trump threatening tariffs on three major trading partners through a social media post. Typically, geopolitical uncertainties would support a rise in gold prices, but easing tensions in the Middle East have...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 26, 2024! SCALPING Gold prices (XAU/USD) continue to trade with a bearish tone for the second consecutive day, hovering just above a one-week low during the early European session on Tuesday. Increasing confidence that US President-elect Donald Trump's expansionary policies will drive up inflation and reduce the likelihood...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 26, 2024 Gold prices (XAU/USD) plunged during Monday’s North American session following reports of a ceasefire agreement between Lebanon and Israel, which bolstered demand for riskier assets. Coupled with the announcement of Scott Bessent as the Treasury Secretary in Trump’s administration, this added further pressure on the...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 25, 2024 ! SCALPING Gold prices (XAU/USD) remain under significant selling pressure during the early European session on Monday, though they manage to stay above the $2,650 mark and hold support at the 100-period Simple Moving Average (SMA) on the 4-hour chart. The nomination of Scott Bessent as US Treasury Secretary has...

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XAU / USD trend forecast November 25, 2024 Gold prices (XAU/USD) surge to approximately $2,720 during the early Asian session on Monday, supported by a weakening US Dollar (USD). The USD's sell-off lends support to the USD-denominated Gold price, while escalating geopolitical tensions further bolster demand for safe-haven assets like the yellow...

Moon-ForexAcademy Updated 

XAU / USD trend forecast November 22, 2024 Escalating Russia-Ukraine tensions continue to fuel safe-haven demand, propelling Gold prices higher for the fifth consecutive day on Friday, even amid a strong US Dollar. In response to Ukraine's deployment of US- and UK-supplied missiles in strikes on Russian territory, Russian forces launched a new...