XAU / USD trend forecast November 27, 2024! SCALPING
Gold prices (XAU/USD) extend their recovery from the $2,600 region—a one-week low—gaining further positive momentum for the second consecutive day on Wednesday. Ongoing geopolitical risks linked to the prolonged Russia-Ukraine conflict, combined with US President-elect Donald Trump's tariff proposals, remain key drivers of safe-haven demand for the precious metal.
Gold price breaks out of sideway zone 2600-2633, waiting for retest 2633 and slight recovery
/// BUY XAU : zone 2633-2630
SL: 2627
TP: 40 - 80 - 150 pips (2645)
Safe and profitable trading