Gold Spot / U.S. Dollar
Short
Updated

Fears of recession, gold prices continue to fall next week

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XAU / USD trend forecast next week: 7 April - 11 April , 2025

⚠️Gold (XAU) continued its downward trajectory on Friday, tumbling to a one-week low of $3,015 before bouncing back slightly. The decline followed remarks from Federal Reserve (Fed) Chair Jerome Powell, who suggested that tariffs could lead to a renewed rise in inflation. At present, XAU/USD is trading at $3,029, reflecting a 2.70% decrease.

Financial markets remained under pressure as the US-China trade war intensified. In parallel, Powell dampened expectations for imminent monetary easing, warning that tariffs are likely to weigh on the US economy by slowing growth and fueling inflation.

A report by the Financial Times (FT) highlighted that hedge funds experienced their biggest wave of margin calls since the Covid-19 crisis, triggered by President Trump’s Liberation Day announcement.

⚠️After reaching a new ATH of 3167, the gold price began to correct sharply after the previous FOMO rally ended. With concerns about economic recession, the gold price will continue its sideways downward trend next week.

🚨 note : Resistance zone : $3059 , $3102 , $3167


🚨note: Support zone : $3002 , $2954


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Gold price will continue to decline next week before the semi -pressure maintained

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