Gold Spot / U.S. Dollar
Long
Updated

XAU Scalping - wait for strong decline from 3421

148
XAU / USD trend forecast MAY 7, 2025 Scalping

⚠️US President Donald Trump's declaration of a 100% tariff on foreign-produced films, alongside his intention to impose new levies on pharmaceutical imports within two weeks, has further unsettled market sentiment, reinforcing the appeal of safe-haven assets like Gold amid mounting geopolitical uncertainty.

Meanwhile, the Kremlin reaffirmed its commitment to a unilateral ceasefire from May 8 to 11 but warned of swift retaliation should Ukraine fail to comply. In a rare diplomatic breakthrough, Russia and Ukraine conducted a prisoner exchange—each side releasing 205 detainees—with mediation efforts led by the United Arab Emirates fostering a glimmer of de-escalation.

⚠️ Gold price maintains good growth range before interest rate announcement. Investor psychology is prepared for interest rate to remain unchanged, gold price will decrease slightly and continue to return to the 3400 range.

🚨///BUY XAU : zone 3372-3369 scalping

SL: 3366

TP: 50 - 100 - 200pips ( 3389 )



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Amazing , + 300 pips signal BUY ( 3372-3369 ) , great

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