Gold Spot / U.S. Dollar
Short
Updated

Scalping XAU - 3190 gold sell point retracement

121
XAU / USD trend forecast MAY 15, 2025

⚠️Gold (XAU/USD) stages a modest rebound of $20–$30 from its lowest mark since April 10, touched earlier Friday, though it remains subdued below the $3,150 threshold in early European trading and still posts a 1% daily decline. The US Dollar (USD) remains under pressure, with investors showing restraint ahead of key catalysts — the upcoming US Producer Price Index (PPI) data and a speech from Federal Reserve Chair Jerome Powell. Additionally, a sharp pullback in global equity markets reflects a shift in risk sentiment, offering a measure of support to the safe-haven appeal of the yellow metal.

⚠️ Gold price continues to maintain a downward trend, showing signs of a short recovery to gain liquidity. If it can continue to recover, wait for the SELL price zone of 3190 to continue the current main trend.

🚨/// SELL XAU : zone 3189-3192 scalping

SL: 3195

TP: 50 - 100 - 200pips ( 3172 )


Safe and profitable trading
Trade active
Bad PPI data for USD, gold recovers back to 3220 milestones, good recovery momentum

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