XAU / USD trend forecast March 17, 2025, SCALPING
⚠️The price of gold (XAU/USD) finds support from dip-buyers at the start of the new week, maintaining stability just below its record high, surpassing the key $3,000 psychological threshold reached on Friday. Ongoing concerns over intensifying trade disputes and their potential effects on the global economy, coupled with geopolitical uncertainties, continue to bolster demand for the safe-haven metal. Additionally, growing expectations that the Federal Reserve (Fed) will implement multiple interest rate cuts this year further strengthen the appeal of the non-yielding yellow metal.
⚠️ The price range 3000 - 2975 is becoming an accumulation price range, aiming for a new price increase in the long-term frame.
🚨/// SELL XAU : zone 3002-3005
SL: 3008
TP: 50 - 100 - 150pips (2990)
Safe and profitable trading
⚠️The price of gold (XAU/USD) finds support from dip-buyers at the start of the new week, maintaining stability just below its record high, surpassing the key $3,000 psychological threshold reached on Friday. Ongoing concerns over intensifying trade disputes and their potential effects on the global economy, coupled with geopolitical uncertainties, continue to bolster demand for the safe-haven metal. Additionally, growing expectations that the Federal Reserve (Fed) will implement multiple interest rate cuts this year further strengthen the appeal of the non-yielding yellow metal.
⚠️ The price range 3000 - 2975 is becoming an accumulation price range, aiming for a new price increase in the long-term frame.
🚨/// SELL XAU : zone 3002-3005
SL: 3008
TP: 50 - 100 - 150pips (2990)
Safe and profitable trading
Trade active
Following the trend of increasing, gold moved towards 3002 according to the Sell signal reactionTrade closed: target reached
Gold price surpasses $ 3,000, will have a new ATH today
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.