XAU / USD trend forecast March 19, 2025
⚠️Gold prices surged past the $3,000 mark, reaching a record high of $3,038 on Tuesday, driven by uncertainty surrounding U.S. President Donald Trump’s retaliatory tariffs set to take effect on April 2, while traders await the Federal Reserve’s (Fed) monetary policy decision. As of now, XAU/USD is trading at $3,037, up 1.20%.
Market sentiment remains weak, despite discussions between Trump and Russian President Vladimir Putin easing some concerns after Putin reportedly agreed to a 30-day pause on attacks against Ukraine’s energy infrastructure, according to Reuters. However, the bullion rally continues, with gold prices gaining over 15% so far this year.
⚠️ Prices will continue to rise with new ATHs, trade tensions and the FED will almost certainly keep current interest rates.
🚨/// SELL XAU : zone 3044-3047
SL: 3052
TP: 50 - 150 - 300pips (3017 )
🚨/// SELL XAU : zone 3059-3062
SL: 3067
TP: 50 - 150 - 300pips (3032)
Safe and profitable trading