Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - Gold price starts sideways, below 3041

82
XAU / USD trend forecast April 7, 2025 scalping

⚠️At the same time, the US Dollar (USD) starts the week under pressure as expectations grow that a tariff-induced economic slowdown in the US could compel the Federal Reserve (Fed) to restart its rate-cutting cycle in the near future. Additionally, a shift toward risk-averse sentiment is driving US Treasury yields sharply lower, overshadowing the stronger-than-expected US Nonfarm Payrolls (NFP) data released on Friday and Fed Chair Jerome Powell’s hawkish commentary. This combination of factors continues to provide support for the non-interest-bearing Gold price.

⚠️ Gold price continues to move in a downtrend, trading below 3040 in the European session, sideways and slowly falling towards the 3000 zone.

🚨/// SELL XAU : zone 3039 - 3042 Scalping

SL: 3045

TP: 50 - 100 - 200pips ( 3022 )



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Amazing BIG SELL 3039-3042 , now XAU touch 3000

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