Gold Spot / U.S. Dollar
Long
Updated

XAU! 11/11! sideway beginning of the week, below $2700

133
XAU / USD trend forecast November 11, 2024

Gold prices (XAU/USD) extend last week's significant losses, staying under selling pressure for a second consecutive day on Monday due to continued strength in the US Dollar (USD). Optimism about Donald Trump's proposed expansionary policies supports the USD near its four-month high from last week, which in turn weighs on gold prices.

Gold price sideways at the beginning of the week, price range 2660 - 2690, in a downtrend, buyers try to keep the price against selling pressure from the market

/// BUY XAU : zone 2656-2653

SL: 2648

TP: 50 - 150 - 200 pips (2673)



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+ 45 pips , wonderfull signal BUY 2656-2653

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