XAUUSD Buy new

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Gold price (XAU/USD) struggles to capitalize on its modest intraday gains to the $2,600 neighborhood, though it manages to hold in positive territory through the early part of the European session on Monday.

Investors remain hopeful that US President-elect Donald Trump's touted expansionary policies will boost inflation and limit the scope for further interest rate cuts by the Fed. This remains supportive of elevated US Treasury bond yields and favors the USD bulls, which, in turn, holds back traders from placing bullish bets around the Gold price. Hence, it will be prudent to wait for strong follow-through buying before positioning for any further recovery from a two-month low set last week.From a technical perspective, the recent sharp pullback from the all-time peak stalled near the 50% retracement level of the June-October rally. The said support, around the $2,536-2,535 area, coincided with the 100-day Simple Moving Average and should now act as a key pivotal point. A convincing break below will be seen as a fresh trigger for bearish traders and pave the way for further losses. The subsequent downfall could drag the Gold price further towards the $2,500 psychological mark en route to the 61.8% Fibo. level, around the $2,480 region.

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Trade aktif

XAUUSD Buy 40 pips pips tp 1 hit running

   BOOOOOM  ENJOY 😱😱🔥🔥🔥

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Trading ditutup: target tercapai

XAUUSD Buy 160 pips tp 3 hit running

   BOOOOOM  ENJOY 😱😱🔥🔥🔥