XAU / USD trend forecast March 11, 2025, SCALPING
⚠️ Investors appear increasingly confident that a tariff-induced slowdown in US economic growth could compel the Federal Reserve (Fed) to implement multiple rate cuts this year. This expectation continues to weigh on US Treasury bond yields and keeps the US Dollar near its lowest level since November, providing further support to the non-yielding Gold price. However, it remains uncertain whether the XAU/USD pair can sustain its upward momentum, as traders may exercise caution and avoid making aggressive bets ahead of this week’s US inflation data release.
⚠️ Short term chart shows price breaktrend and recovery around 2900, still a price dispute zone between current buyers and sellers
🚨/// SELL XAU : zone 2909-2912
SL: 2917
TP: 50 - 150 - 300pips (2882)
Safe and profitable trading