Gold sideways below 2700 price zone ! Scalping

2024年11月25日

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 removed a key source of uncertainty for the markets. Additionally, reports suggesting that Israel is nearing a ceasefire agreement with Hezbollah in Lebanon have bolstered investor confidence, reducing demand for the safe-haven yellow metal.

Monday gold price is under a lot of selling pressure below $2700, sideways and accumulating below this price range

/// SELL XAU : zone 2685-2688

SL: 2691

TP: 40 - 80 - 150 pips (2673)


Safe and profitable trading

2024年11月25日

交易進行

+ 80 pips , great PLAN SELL 2685-2688

2024年11月25日

交易結束：目標達成

+ 620 pips , amazing signal SELL 2685-2688, great SELL