Gold Spot / U.S. Dollar
Long
Updated

9/25 ! XAU increased strongly ! New ATH 2682

438
XAU / USD trend forecast September 25, 2024

Following the data release, US Treasury yields fell slightly, with the 10-year note dropping to 3.73%. The US Dollar Index (DXY) also declined by 0.42%, hitting a two-day low of 100.48. Fed Governor Michelle Bowman, known for her hawkish stance, emphasized significant inflation risks and supported a gradual approach to rate cuts to avoid reigniting inflation.

Based on M30, NEW ATH to set up SELL signal

/// SELL XAU : zone 2681-2684

SL: 2689

TP: 50 - 150 - 300 pips (2654)



Safe and profitable trading
Trade active
Gold price reached ATH 2670 - decreased and adjusted to the 2650-2660 range
Trade active
Gold prices show that buyers are gradually decreasing - correcting downward around 2655
Trade active
Gold price rises above 2660 as US session begins. Buying power prevails

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