Gold Spot / U.S. Dollar
Long
Updated

waiting for support zone 3290, gold buying point, SCALPING

121
XAU / USD trend forecast MAY 9, 2025 Scalping

⚠️Gold (XAU/USD) rebounds nearly 1% on Friday, reclaiming ground above $3,325 as investors dismiss Thursday’s US-UK trade agreement as largely symbolic. Though the deal grants the US streamlined customs procedures and improved access to British markets, it lacks the substance of a comprehensive pact. Crucially, the 10% tariffs remain intact, and the UK is reportedly bound to place $10 billion in orders with Boeing, according to Bloomberg — developments that have done little to sway risk sentiment, thereby lending renewed support to the safe-haven metal.

⚠️ Consolidation zone in European session, 3320 - 3330. Gold price temporarily stopped yesterday's sharp decline, there will be a short recovery and consolidation

🚨///BUY XAU : zone 3290-3293 scalping

SL: 3287

TP: 50 - 100 - 200pips ( 3310 )



Safe and profitable trading
Trade active
Still recovery, Sideway below 3350

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