Gold Spot / U.S. Dollar
Long
Updated

XAU - 31 Dec - scalping , retest BUY 2612

173
XAU / USD trend forecast December 31, 2024

The US Dollar Index (DXY) stays near 108.00 as markets absorb the Federal Reserve's hawkish stance. Falling US Treasury yields, with 2-year and 10-year rates at 4.24% and 4.53%, have lent some support to non-yielding Gold. Persistent geopolitical tensions, including the Russia-Ukraine war and Middle East unrest, continue to bolster safe-haven demand for the metal.

Gold price shows unpredictability at the end of the year, sideways. Break downtrend H1, waiting for retest point BUY

/// BUY XAU : zone 2612-2609 scalping

SL: 2606

TP: 50 - 100 - 150pips (2624)


Safe and profitable trading
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Great entry BUY , retest . BIG PROFIT . FULL TP + 150 pips

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