10/25 ! XAU ! stable trading above 2720

2024年10月25日

XAU / USD trend forecast October 25, 2024

Gold prices rose on Thursday as falling US Treasury yields drove demand for safe-haven assets. Increased tensions in the Middle East and concerns about the US election are supporting gold. At the time of writing, XAU/USD is trading at $2,734, up 0.72%.

Despite improved risk appetite, as seen in Wall Street's positive performance, US labor market data remains strong, contrary to the Federal Reserve's projections, which prompted a 50 basis point rate cut in its last meeting to avoid over-tightening.

Gold price is stable, sideways after a strong increase at the beginning of the week, sideways in the price range of 2720 - 2758

/// SELL XAU : zone 2756-2759

SL: 2764

TP: 50 - 200 - 300 pips (2728)


/// BUY XAU : zone 2710-2713

SL: 2705

TP: 50 - 200 - 300 pips (2740)


Safe and profitable trading

2024年10月25日

交易進行

Gold sideway in the Asian Friday session, price range 2730-2740

2024年10月25日

取消訂單

Gold price moves within H1 discount range - short-term correction

2024年10月25日

交易進行

Gold price continues to sideways around the 2715-2745 area waiting for the US session

2024年10月25日

交易結束：達到停損點

Gold price increased above 2740 - still in an uptrend

2024年10月27日

交易進行

Continue to maintain the Uptrend for gold early next week