Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - touch 3320 trendline, sideway and drop

128
XAU / USD trend forecast APRIL 30, 2025 scalping

⚠️Gold prices (XAU/USD) extend their bearish bias for a second consecutive session on Wednesday, yet manage to remain resilient above the psychologically significant $3,300 threshold as the European session approaches. The precious metal continues to face downward pressure as investor appetite shifts toward riskier assets, buoyed by growing optimism over de-escalating trade tensions between the United States and China. Further supporting market sentiment is President Donald Trump's announcement to introduce greater flexibility in tariff policies for American automakers, a move seen as pro-business and market-friendly. Compounding the pressure on gold is a modest uptick in the US Dollar, which typically dampens demand for non-yielding, dollar-denominated safe-haven assets like gold.

⚠️ Gold price continues to maintain the sideway price range around 3320 - 3300 in the European trading session, waiting for trendline 3320 to establish a sell signal

🚨/// SELL XAU : zone 3319-3322 scalping

SL: 3325

TP: 50 - 100 - 200pips ( 3302 )



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Amazing , + 250 pips signal SELL 3319-3322 , big SELL

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