XAU ! 11/14 ! still a strong decrease

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XAU / USD trend forecast November 14, 2024

The US Dollar gained strongly as markets had largely anticipated a 25-basis-point hike by the Federal Reserve at its December meeting. CME FedWatch Tool data shows the odds have increased from 58% to 82%. The DXY index, which measures the Dollar’s strength against major currencies, reached a year-to-date high of 106.52, just above the previous high of 106.51 from April 16, and is currently around 106.49, up 0.50%.

yesterday's sharp drop - continues to make investors believe prices will fall further: 2500

/// SELL XAU : zone 2574-2577

SL: 2580

TP: 50 - 100 - 150pips (2561)


/// SELL XAU : zone 2590-2593

SL: 2598

TP: 50 - 200 - 300pips (2563)


Safe and profitable trading
Dagangan aktif
Gold price is sideways around 2550 waiting for PMI news
Dagangan ditutup: sasaran tercapai
+ 40 pips , PLAN DAY SELL 2574-2577 , profit signal SELL
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