XAU ! 11/ 14 ! Waiting for short term recovery 2575

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XAU / USD trend forecast November 14, 2024! SCALPING

Gold prices (XAU/USD) hit their lowest since September 19, around $2,550, early in the European session on Thursday. Ongoing demand for the US Dollar (USD), driven by optimism about President-elect Donald Trump’s anticipated expansionary policies, continues to weigh on the metal, marking its fifth consecutive day of declines.

Price is in very strong support zone D frame - waiting for recovery reaction 2575

/// BUY XAU : zone 2547-2544

SL: 2541

TP: 40 - 80 - 150 pips (2559)



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Exact BUY trend - waiting for the 2575 resistance zone
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