XAU / USD trend forecast February 28, 2025
⚠️ Gold prices (XAU/USD) continue their downward trajectory, registering a loss of over 1% ahead of the American trading session on Thursday. The decline follows remarks by U.S. President Donald Trump during a cabinet meeting on Wednesday, where he introduced uncertainty regarding the scope, timing, and target countries of upcoming tariffs.
President Trump stated that "tariffs will go on—not all, but a lot of them," and confirmed that duties on imports from Canada and Mexico would take effect on April 2, alongside reciprocal tariffs. Additionally, he reaffirmed plans for a 25% tariff on European automobiles and other products but offered no further specifics, leaving markets uncertain about the full extent of the measures.
⚠️ Selling pressure, adjustment continues. It seems that the market has gotten used to Trump's tax policies, no longer being immediately affected. Financial systems are witnessing continuous selling from large funds and investors.
🚨/// SELL XAU : zone 2894-2897
SL: 2902
TP: 50 - 150 - 300pips (2867)
🚨/// BUY XAU : zone 2852-2849
SL: 2844
TP: 50 - 150 - 300pips (2879)
Safe and profitable trading
⚠️ Gold prices (XAU/USD) continue their downward trajectory, registering a loss of over 1% ahead of the American trading session on Thursday. The decline follows remarks by U.S. President Donald Trump during a cabinet meeting on Wednesday, where he introduced uncertainty regarding the scope, timing, and target countries of upcoming tariffs.
President Trump stated that "tariffs will go on—not all, but a lot of them," and confirmed that duties on imports from Canada and Mexico would take effect on April 2, alongside reciprocal tariffs. Additionally, he reaffirmed plans for a 25% tariff on European automobiles and other products but offered no further specifics, leaving markets uncertain about the full extent of the measures.
⚠️ Selling pressure, adjustment continues. It seems that the market has gotten used to Trump's tax policies, no longer being immediately affected. Financial systems are witnessing continuous selling from large funds and investors.
🚨/// SELL XAU : zone 2894-2897
SL: 2902
TP: 50 - 150 - 300pips (2867)
🚨/// BUY XAU : zone 2852-2849
SL: 2844
TP: 50 - 150 - 300pips (2879)
Safe and profitable trading
Trade active
Great, + 160 pips profit signal BUY 2852-2849 Trade closed: target reached
Gold continues the trend of decreasing early next week, the mayor is not having much new motivation to increase the price
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💠 Trend analysis: XAU, BTC, Currency,...
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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/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.