XAU / USD trend forecast November 22, 2024
Escalating Russia-Ukraine tensions continue to fuel safe-haven demand, propelling Gold prices higher for the fifth consecutive day on Friday, even amid a strong US Dollar. In response to Ukraine's deployment of US- and UK-supplied missiles in strikes on Russian territory, Russian forces launched a new intermediate-range ballistic missile targeting Ukraine.
Recovery continues, strong resistance 2710 will wait for gold price to reach
/// SELL XAU : zone 2708-2710
SL: 2716
TP: 50 - 150 - 300pips (2680)
Safe and profitable trading