XAU / USD ! 10/16 Bulls prevail $2685
已更新
XAU / USD trend forecast October 16, 2024
Gold prices rose on Tuesday as US Treasury yields fell, limiting gains for the US Dollar. The economic calendar included the New York Empire State Manufacturing Index and the NY Fed Consumer Expectations Survey, with XAU/USD trading at $2,664.
The Empire State Manufacturing Index for September showed a weak result, while the NY Fed survey indicated higher inflation expectations for the month.
Gold price surpassed the nearest resistance zone of 2660, approaching the next price zone of 2672. The bulls are dominating, determined to find the old ATH of 2685 this week.
/// SELL XAU : zone 2685-2682
SL: 2690
TP: 50 - 100 - 200 pips (2665)
/// BUY XAU : zone 2653-2650
SL: 2645
TP: 50 - 100 - 200 pips (2670)
Safe and profitable trading
Gold prices rose on Tuesday as US Treasury yields fell, limiting gains for the US Dollar. The economic calendar included the New York Empire State Manufacturing Index and the NY Fed Consumer Expectations Survey, with XAU/USD trading at $2,664.
The Empire State Manufacturing Index for September showed a weak result, while the NY Fed survey indicated higher inflation expectations for the month.
Gold price surpassed the nearest resistance zone of 2660, approaching the next price zone of 2672. The bulls are dominating, determined to find the old ATH of 2685 this week.
/// SELL XAU : zone 2685-2682
SL: 2690
TP: 50 - 100 - 200 pips (2665)
/// BUY XAU : zone 2653-2650
SL: 2645
TP: 50 - 100 - 200 pips (2670)
Safe and profitable trading
交易开始
Sideway gold price in the 2660-2670 Asian wednesday session订单已取消
Uptrend prevails - wait for the SELL price range 2682-2685交易开始
+ 40 pips from entry sell 2682-2685交易结束：到达目标
Sell 2682-2685 has 60 pips profit , plan day 交易开始
+ 100 pips , entry sell 2682-2685 ( resistance ATH ) 交易结束：到达止损
180pips sell signal plan day 2682-2685 订单已取消
Gold price sustains above 2670 - there are still expectations for a new ATH this week
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