Gold Spot / U.S. Dollar
Short
Updated

Continue to adjust, gold price returns to 3200$

210
XAU / USD trend forecast APRIL 28, 2025

⚠️Gold price (XAU/USD) edges lower to around $3,310 during early Asian trading on Monday. The precious metal pulls back after reaching an all-time high last week, as signs of easing global trade tensions weigh on safe-haven demand.

According to Reuters, US Agriculture Secretary Brooke Rollins stated on Sunday that the Trump administration is holding daily discussions with China regarding tariffs. Rollins also mentioned that talks between the two countries are ongoing and that trade agreements with other nations are “very close” to completion.

“Headlines about potential, partial exemptions from retaliatory tariffs further lifted market sentiment today and pushed gold prices below the $3,300 mark,” said Yuxuan Tang, a strategist at JPMorgan Private Bank.

⚠️Gold prices fell at the beginning of the week in response to news of Russia-Ukraine peace talks. The downward trend remained around the 3300 price range.

🚨/// SELL XAU : zone 3383-3386

SL: 3391

TP: 50 - 100 - 300pips ( 3356 )

🚨/// BUY XAU : zone 3227-3224

SL: 3219

TP: 50 - 200 - 400pips ( 3264)



Safe and profitable trading
Trade active
Gold price recovered 3340, but mostly accumulated before the news of NF this week

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.