XAU / USD trend forecast next week: 28 April - 2 May , 2025
⚠️US Consumer Sentiment deteriorated in April, as shown by the University of Michigan (UoM), which recorded the fourth-lowest figure since the late 1970s.
Looking ahead to next week, traders are focused on the upcoming releases of the US JOLTS report for March, the first estimate of Q1 2025 Gross Domestic Product (GDP), the ISM Manufacturing PMI, and April’s Nonfarm Payrolls data.
As for the likelihood of the Federal Reserve lowering interest rates at the next meeting, traders currently see a 92% probability of rates remaining steady, according to Prime Market Terminal. Still, markets anticipate the Fed funds rate to end the year at 3.45%, reflecting around 86 basis points of easing.
⚠️ Gold price decreased according to the small frame trend line, mainly accumulating the price range below 3400 waiting for new news from tariff negotiations
🚨 note : Resistance zone : $3380 , $3498
🚨note: Support zone : $3195 , $3157
Safe and profitable trading
⚠️US Consumer Sentiment deteriorated in April, as shown by the University of Michigan (UoM), which recorded the fourth-lowest figure since the late 1970s.
Looking ahead to next week, traders are focused on the upcoming releases of the US JOLTS report for March, the first estimate of Q1 2025 Gross Domestic Product (GDP), the ISM Manufacturing PMI, and April’s Nonfarm Payrolls data.
As for the likelihood of the Federal Reserve lowering interest rates at the next meeting, traders currently see a 92% probability of rates remaining steady, according to Prime Market Terminal. Still, markets anticipate the Fed funds rate to end the year at 3.45%, reflecting around 86 basis points of easing.
⚠️ Gold price decreased according to the small frame trend line, mainly accumulating the price range below 3400 waiting for new news from tariff negotiations
🚨 note : Resistance zone : $3380 , $3498
🚨note: Support zone : $3195 , $3157
Safe and profitable trading
Trade active
The price of gold returns to the price of 3300 warehouses back
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/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.
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/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.