Interest rate announcement - gold awaits recovery
XAU / USD trend forecast December 18, 2024
Gold prices fell to a fresh weekly low of $2,633 on Tuesday after robust US Retail Sales data dampened market sentiment. The stronger data tempered expectations that the Federal Reserve (Fed) might take an aggressive stance in easing monetary policy in 2025. At the time of writing, XAU/USD is trading at $2,637, reflecting a 0.57% decline.
Interest rate news almost certain to cut another 25 basis points, optimistic recovery for the market, gold price increases
/// BUY XAU : zone 2643-2640
SL: 2635
TP: 50 - 150 - 300pips (2670)
Safe and profitable trading
Gold prices fell to a fresh weekly low of $2,633 on Tuesday after robust US Retail Sales data dampened market sentiment. The stronger data tempered expectations that the Federal Reserve (Fed) might take an aggressive stance in easing monetary policy in 2025. At the time of writing, XAU/USD is trading at $2,637, reflecting a 0.57% decline.
Interest rate news almost certain to cut another 25 basis points, optimistic recovery for the market, gold price increases
/// BUY XAU : zone 2643-2640
SL: 2635
TP: 50 - 150 - 300pips (2670)
Safe and profitable trading
Trade active
+ 70 pips , signal BUY 2643-2640 , great profit Trade closed: target reached
Cut 25 points as expected - market plummets below 2600
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
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" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.