Break M45 - continue to increase waiting for 2745! 10/21
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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
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
Giao dịch đang hoạt động
Gold price fell to 2725, adjusting slightly at the end of the second Asian sessionĐã hủy lệnh
Gold price shows a strong uptrend - continuing to create new ATH. Wait for FIBO price range D1 2745 - resistanceGiao dịch đang hoạt động
Gold price continues to create ATH 2740 - approaching the upcoming plan day 2745Đóng lệnh: dừng lỗ
Price touched 2740 then dropped sharply - not yet reached entry plan day 2745
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