Gold Spot / U.S. Dollar
Short
Updated

Continue to accumulate, gold price stabilizes above 3200

151
XAU / USD trend forecast MAY 16, 2025

⚠️Gold prices regained traction on Thursday during the North American session, buoyed by softer U.S. economic data that signaled a cooling in producer inflation and sluggish consumer spending amid elevated tariffs. At the time of writing, XAU/USD hovers near $3,202, marking a 0.82% daily gain.

The yellow metal staged a strong rebound from a five-week trough at $3,120, as disappointing PPI figures reignited hopes of monetary easing. April’s Producer Price Index unexpectedly contracted by 0.5% month-over-month, sharply missing the forecasted 0.2% rise, while core PPI slipped 0.4%, against expectations of a 0.3% gain—adding further pressure on the Fed and lifting demand for non-yielding assets like gold.

⚠️ Gold price recovered above 3200 mark, investor sentiment is still very optimistic about the long-term trend. Continue to accumulate and maintain very good price above 3200 price zone

🚨/// SELL XAU : zone 3288-3291

SL: 3296

TP: 50 - 100 - 300pips ( 3261 )


🚨/// BUY XAU : zone 3167-3170

SL: 3162

TP: 50 - 100 - 300pips ( 3197 )



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+ 180 pips , signal BUY XAU 3167-3170

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