Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - Gold prices are continuing to decline

156
XAU / USD trend forecast April 23, 2025 Scalping

⚠️Gold price (XAU/USD) continues to decline gradually during the first half of the European session, briefly dipping below the $3,300 level in the past hour as improving market sentiment reduces interest in safe-haven assets. Risk appetite received a notable boost following signals from US President Donald Trump's administration suggesting a possible easing of the trade tensions with China. Additionally, Trump’s decision to tone down his stance on removing Federal Reserve (Fed) Chair Jerome Powell, combined with a softening of geopolitical tensions, has further strengthened investor confidence and added pressure on gold prices.

⚠️H1 trend line is down, gold price continuously creates BOS downtrend, heading below 3300

🚨/// SELL XAU : zone 3333 - 3336 Scalping

SL: 3339

TP: 50 - 100 - 200pips ( 3316 )



Safe and profitable trading
Trade active
Great trend decrease , signal SELL 3333-3336. Drop 3305
Trade closed: target reached
Sell ​​signal 3333-3336 brings a lot of profits. The trend of sharply decreases

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.