Oro / Dollaro
Long
Aggiornato

XAU ! 10/30 ! Bulls dominate - continue to make ATH

294
XAU / USD trend forecast October 30, 2024

Gold opened the week slightly lower, down 0.15%, pressured by rising US Treasury yields as markets gear up for significant US economic data that could influence the Federal Reserve’s policy direction. Traders are also watching the November 5 US election closely, with FiveThirtyEight showing Trump's odds at 52%, versus 48% for Vice President Kamala Harris, though she maintains a narrow lead in most national polls.

Strong uptrend - helping gold reach highest ATH 2782. Uptrend maintained going forward - Higher ATH: 2787 - 2800


/// SELL XAU : zone 2800-2803

SL: 2808

TP: 50 - 200 - 300 pips (2773)



Safe and profitable trading
Trade attivo
Gold price touched fibo resistance 2787-2790 then adjusted downward immediately - as shown in the chart.
Ordine annullato
Gold price maintains upward momentum - returns to old ATH 2789. Soon to reach 2800

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