World gold prices continue to increase, reaching new ATH
💵 XAUUSD 💵
➡️GOLD yesterday continued to increase above 263x then decreased again and reacted around the 262x area from last night to the present.
Today I will continue to watch Sell Gold Over 3x according to RSI's reaction. Buy on large frames and reaction patterns Resistance and Support above.
➡️ Everyone, please refer to the Plan for Today 💵Sell Gold 2631-2634
❌SL 2637
✔️TP 2624>261x
⚠️If Buy Today I will wait below 261x.
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Forecast
Gold continues to benefit from the Fed continuing to cut interest rates twice before Christmas; Unstable geopolitics, inflation...
In addition to the Fed, central bank meetings in Switzerland and Sweden are expected to cut interest rates this week, when most global central banks will begin their easing cycle. liquid parallel to the Fed.
Investors are now waiting for signals from the Fed and the US economy will report this week as a series of Fed members, most notably Chairman Jerome Powell, will speak in the coming days.
PCE price index data - the Fed's favored inflation measure - will also be released on Friday and will likely influence the central bank's plans to cut interest rates further./.
➡️GOLD yesterday continued to increase above 263x then decreased again and reacted around the 262x area from last night to the present.
Today I will continue to watch Sell Gold Over 3x according to RSI's reaction. Buy on large frames and reaction patterns Resistance and Support above.
➡️ Everyone, please refer to the Plan for Today 💵Sell Gold 2631-2634
❌SL 2637
✔️TP 2624>261x
⚠️If Buy Today I will wait below 261x.
-----
Forecast
Gold continues to benefit from the Fed continuing to cut interest rates twice before Christmas; Unstable geopolitics, inflation...
In addition to the Fed, central bank meetings in Switzerland and Sweden are expected to cut interest rates this week, when most global central banks will begin their easing cycle. liquid parallel to the Fed.
Investors are now waiting for signals from the Fed and the US economy will report this week as a series of Fed members, most notably Chairman Jerome Powell, will speak in the coming days.
PCE price index data - the Fed's favored inflation measure - will also be released on Friday and will likely influence the central bank's plans to cut interest rates further./.
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