Gold Spot / U.S. Dollar
Short
Updated

Breakout, gold price falls back to 3225 zone

229
XAU / USD trend forecast MAY 9, 2025

⚠️Gold (XAU/USD) extended its decline for a third consecutive session on Friday, slipping below the $3,300 threshold during Asian trading. Renewed optimism surrounding global trade—fueled by the recent US-UK agreement and the launch of US-China tariff negotiations—has buoyed equity sentiment and diverted flows away from safe-haven assets like gold. Simultaneously, the Federal Reserve’s hawkish pause continues to bolster the US Dollar, pushing it to a four-week high and compounding pressure on the non-yielding precious metal.

⚠️ Gold price is under strong selling pressure, breaking the short-term trend line. Accumulating around 3300, still in a downtrend.

🚨/// SELL XAU : zone 3361-3364

SL: 3369

TP: 50 - 100 - 300pips ( 3334 )


🚨/// BUY XAU : zone 3226-3223

SL: 3218

TP: 50 - 100 - 300pips ( 3253 )


Safe and profitable trading
Trade active
Gold price recovers around 3330, starting sideway
Trade closed: target reached
Gold price recovered 3347, selling force decreased and accumulated over 3330

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