ANNUAL CLOSING PREDICTION
🌟 XAU/USD Gold Forecast - Monday, December 16, 2024 🌟
Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545.
🔑 Key Levels to Watch:
Resistance: $2,765 – A critical ceiling for upward movement.
Support: $2,545 – A safety net for price drops.
📈 Market Sentiment:
Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels.
📅 Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops.
Stay tuned for updates and live action on XAU/USD throughout the week!
Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
Gold (XAU/USD) is heading into Monday with a bullish outlook but faces key resistance at $2,765. A breakout above this level could propel prices higher, aligning with the current uptrend. However, if resistance holds, we might see a correction towards the strong support zone at $2,545.
🔑 Key Levels to Watch:
Resistance: $2,765 – A critical ceiling for upward movement.
Support: $2,545 – A safety net for price drops.
📈 Market Sentiment:
Gold’s momentum remains positive, supported by ongoing economic uncertainties. But keep an eye on potential short-term pullbacks if buyers hesitate at resistance levels.
📅 Week Ahead: Gold remains a top safe-haven asset amidst fluctuating market conditions. Watch for breakout opportunities as the trend develops.
Stay tuned for updates and live action on XAU/USD throughout the week!
Anticipates gold prices reaching $2,500 per ounce by year-end, assuming a Federal Reserve rate cut
Trade active
buy trade active targeting 2670
Trade closed: target reached
ALL SELL LEVEL DONE TARGET DONE 500+pips profit booked
✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
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.
✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
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.