Break M45 - continue to increase waiting for 2745! 10/21

2024年10月21日

XAU / USD trend forecast October 21, 2024

Gold price (XAU/USD) continues Friday’s breakout above $2,700, gaining momentum for the fifth straight day at the start of the week. This marks its seventh positive day in the last eight, reaching a new record high above $2,730 during the Asian session. Ongoing geopolitical tensions in the Middle East and political uncertainty in the US ahead of the November 5 presidential election support the safe-haven demand for gold.

2 M45 trend lines - gold price continues to rise. Wait for correction to touch EMA then continue to increase.

/// SELL XAU : zone 2745-2747

SL: 2753

TP: 50 - 100 - 300 pips (2717)

Safe and profitable trading

2024年10月21日

交易开始

Gold price fell to 2725, adjusting slightly at the end of the second Asian session

2024年10月21日

订单已取消

Gold price shows a strong uptrend - continuing to create new ATH. Wait for FIBO price range D1 2745 - resistance

2024年10月21日

交易开始

Gold price continues to create ATH 2740 - approaching the upcoming plan day 2745

2024年10月21日

交易结束：到达止损

Price touched 2740 then dropped sharply - not yet reached entry plan day 2745