Gold Spot / U.S. Dollar
Short
Updated

XAU - Scalping , important breakout price zone 3269

248
XAU / USD trend forecast MAY 2, 2025

⚠️The price of gold (XAU/USD) rises to a fresh daily high during the early hours of the European session on Friday, buoyed modestly by a weaker US Dollar. However, the upward move remains restrained, failing to decisively reclaim the former support-turned-resistance zone in the $3,260–$3,265 region, reflecting a lack of strong bullish momentum. The Greenback, meanwhile, struggles to sustain its recent three-day rally to multi-week highs as growing speculation about a more aggressive monetary easing stance from the Federal Reserve weighs on sentiment.
Adding to the cautious tone in the market is a wave of repositioning activity ahead of the release of the highly anticipated US Nonfarm Payrolls (NFP) report, which could provide vital clues about the Fed’s future policy direction. In this context of mounting uncertainty and subdued risk appetite, the non-yielding yellow metal finds modest support, though traders remain hesitant to place bold directional bets before the labor market data hits the wires.

⚠️ Gold price continues to move towards the price range of 3266-3269, large liquidity. bearish reaction

🚨/// SELL XAU : zone 3266-3269

SL: 3274

TP: 50 - 200 - 400pips ( 3229 )



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Amazing signal SELL , + 200 pips ( Sell 3266-3269 ) great

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