XAUUSD Continues to Seek SELL Opportunities: Pullback Near RESISTANCE Area! ~ 90% Rebate Exness Everyday

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XAUUSD Continues to Seek SELL Opportunities: Pullback Near RESISTANCE Area!

XAUUSD Analysis

Fed Rate Cuts to Become Rarer

Gold prices are under pressure after the Federal Reserve signaled a slowdown in the rate-cutting cycle next year, following an upward revision of the U.S. core inflation forecast.

Still Trading Below Resistance

The price remains capped below the resistance level. A confirmation of a sell signal can be sought if the price pulls back into this resistance area.

Prediction

WEAK XAUUSD

Trade Plan

SELL Area: 2628.51 – 2638.61
Stop Loss (SL): 2653.97
Take Profit (TP):
- TP1: 2614.85
- TP2: 2596.25
- TP3: 2574.51