XAU / USD trend forecast April 8, 2025 scalping
⚠️The price of gold (XAU/USD) continues to recover from its late rebound on Monday, climbing back above the key $3,000 threshold ahead of Tuesday’s European session. Ongoing concerns over a full-scale global trade war, which could push the global economy toward a downturn, are boosting investor appetite for the safe-haven metal. In addition, renewed weakness in the US Dollar (USD) is providing further support for gold.
Market participants increasingly believe that the Federal Reserve (Fed) may soon restart its rate-cutting cycle, as anxiety grows over the potential economic damage caused by US President Donald Trump’s assertive tariff policies. This expectation is limiting the recent USD rebound from multi-month lows and encouraging a shift toward non-interest-bearing assets like gold. Nevertheless, a modest improvement in overall market sentiment could prevent gold bulls from aggressively extending their positions in the near term.
⚠️ Gold price is having a short recovery around 3010 in European trading session, reversing back to the price zone around M45 trendline. Will continue sideways and decrease around below 3000$ zone.
🚨/// SELL XAU : zone 3037 - 3040 Scalping
SL: 3043
TP: 50 - 100 - 200pips ( 3020 )
Safe and profitable trading
⚠️The price of gold (XAU/USD) continues to recover from its late rebound on Monday, climbing back above the key $3,000 threshold ahead of Tuesday’s European session. Ongoing concerns over a full-scale global trade war, which could push the global economy toward a downturn, are boosting investor appetite for the safe-haven metal. In addition, renewed weakness in the US Dollar (USD) is providing further support for gold.
Market participants increasingly believe that the Federal Reserve (Fed) may soon restart its rate-cutting cycle, as anxiety grows over the potential economic damage caused by US President Donald Trump’s assertive tariff policies. This expectation is limiting the recent USD rebound from multi-month lows and encouraging a shift toward non-interest-bearing assets like gold. Nevertheless, a modest improvement in overall market sentiment could prevent gold bulls from aggressively extending their positions in the near term.
⚠️ Gold price is having a short recovery around 3010 in European trading session, reversing back to the price zone around M45 trendline. Will continue sideways and decrease around below 3000$ zone.
🚨/// SELL XAU : zone 3037 - 3040 Scalping
SL: 3043
TP: 50 - 100 - 200pips ( 3020 )
Safe and profitable trading
Trade active
Gold price touches the Breakout 3017-3020 price then reduces the reaction back below 3010
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💠 Trend analysis: XAU, BTC, Currency,...
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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.