11/13 ! Gold recovered slightly, then continued to fall.

2024年11月13日

XAU / USD trend forecast November 13, 2024

Gold prices fell below $2,600 on Tuesday, marking their lowest level since mid-September as the US Dollar Index (DXY) surged to a six-month high. Rising US Treasury yields further pressured gold, with XAU/USD trading around $2,599, down 0.77%.

Investors are closely watching former President Donald Trump's victory and his initial cabinet appointments, which could signal his policy directions on tax cuts, tariffs, and immigration.

Gold price will be sideways, stabilizing below 2650 to continue the downtrend at the end of 2024

/// SELL XAU : zone 2625-2628

SL: 2631

TP: 50 - 100 - 150pips (2613)


/// SELL XAU : zone 2649-2652

SL: 2657

TP: 50 - 200 - 300pips (2622)


Safe and profitable trading

2024年11月13日

交易進行

Gold price sideway around 2605-2615, ahead of today's CPI data

2024年11月13日

交易結束：目標達成

Gold price recovered to 2618 - then continued to decrease with target: 2575-2545