XAU ! 11/ 21 ! SCALPING Gold price still increases

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XAU / USD trend forecast November 21, 2024! SCALPING

Anticipations that US President-elect Donald Trump's proposed tariffs could drive inflation higher and reduce the Federal Reserve's (Fed) ability to lower interest rates continue to support elevated US Treasury yields. Combined with a generally upbeat risk sentiment, this could deter traders from making aggressive bullish moves on XAU/USD. Attention now shifts to upcoming US macroeconomic data and Fed commentary, which are expected to offer fresh direction for the precious metal.

Long term frame, the uptrend still has great buying power. SCALPING short term frame to find a good BUY entry point

/// BUY XAU : zone 2646-2643

SL: 2640

TP: 40 - 80 - 150 pips (2658)



Safe and profitable trading
トレード稼働中
Gold price trades above 2670 - bullish
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