XAU price increase when touching trendline H2 - 26 Dec

2024年12月26日

XAU / USD trend forecast December 26, 2024

Gold prices remain steady near $2,611 as the market absorbs a more cautious view of US interest rate trajectories. The US Dollar continues to hold firm, buoyed by the Federal Reserve's signals of a measured approach to rate adjustments. Recent commentary from Fed officials suggests a reduction in anticipated rate cuts, with projections for the federal funds rate now targeting 3.9% by the end of 2025. This recalibration reflects the slower pace of disinflation in the US economy, adding layers of complexity for investors.

Meanwhile, uncertainty surrounding the policy direction of President-elect Donald Trump—spanning immigration, trade agreements, and tax reforms—further amplifies the cautious sentiment in financial markets. As traders weigh these interconnected factors, Gold remains within a tight range, signaling a market hesitant to commit until clarity emerges on key economic and political developments.

Gold market at the end of the year is mainly sideways, waiting for entry to BUY trendline H2

/// BUY XAU : zone 2617-2614

SL: 2609

TP: 50 - 150 - 300pips (2644)


Safe and profitable trading

2024年12月26日

交易進行

Gold price ranges sideways in the price range 2620-2630

2024年12月26日

交易結束：目標達成

Accurate BUY trend - BUY entry has not reached 2617. Recovery Break from sideway price range