XAU SCALPING - Strong uptrend - waiting for resistance 2700
XAU / USD trend forecast January 10, 2025, SCALPING
Gold price (XAU/USD) maintains its upward momentum for the fourth straight session, reaching a new four-month high near the $2,680 mark during early European trading on Friday. Ongoing geopolitical strains from the prolonged Russia-Ukraine conflict, escalating tensions in the Middle East, trade war concerns, and a cautious market sentiment keep bolstering safe-haven demand for the precious metal.
Gold is still in an uptrend - psychological resistance zone with high liquidity at 2700, waiting for price to reach and correct
/// SELL XAU : zone 2699-2702
SL: 2705
TP: 50 - 80 - 150pips (2687)
Safe and profitable trading
Gold price (XAU/USD) maintains its upward momentum for the fourth straight session, reaching a new four-month high near the $2,680 mark during early European trading on Friday. Ongoing geopolitical strains from the prolonged Russia-Ukraine conflict, escalating tensions in the Middle East, trade war concerns, and a cautious market sentiment keep bolstering safe-haven demand for the precious metal.
Gold is still in an uptrend - psychological resistance zone with high liquidity at 2700, waiting for price to reach and correct
/// SELL XAU : zone 2699-2702
SL: 2705
TP: 50 - 80 - 150pips (2687)
Safe and profitable trading
Trade active
Gold price increased as expected - approaching the SELL 2699 price range
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💠 Trend analysis: XAU, BTC, Currency,...
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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.