Gold Spot / U.S. Dollar
Long
Updated

XAU ! SCALPING ! retest 2633 and recover

227
XAU / USD trend forecast November 27, 2024! SCALPING

Gold prices (XAU/USD) extend their recovery from the $2,600 region—a one-week low—gaining further positive momentum for the second consecutive day on Wednesday. Ongoing geopolitical risks linked to the prolonged Russia-Ukraine conflict, combined with US President-elect Donald Trump's tariff proposals, remain key drivers of safe-haven demand for the precious metal.

Gold price breaks out of sideway zone 2600-2633, waiting for retest 2633 and slight recovery

/// BUY XAU : zone 2633-2630

SL: 2627

TP: 40 - 80 - 150 pips (2645)



Safe and profitable trading
Trade active
Gold price is sideways around 2650 - waiting for the US Wednesday session
Trade closed: target reached
Gold price returns to the 2635 price range - miss entry BUY 2633. Mainly continuing sideways

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