Gold Spot / U.S. Dollar
Long
Updated

Gold prices in an uptrend at the beginning of the week

272
XAU / USD trend forecast March 31, 2025

⚠️ Gold price (XAU/USD) continues its upward momentum, climbing to around $3,090 during the early Asian session on Monday. The precious metal remains near its record high, driven by mounting concerns over a potential global trade war sparked by US President Donald Trump's latest tariff measures.

Last week, Trump announced a 25% tariff on imported cars and light trucks, set to take effect on April 3. This follows an existing 25% tariff on steel and aluminum, with another announcement on reciprocal tariffs expected on Wednesday. The persistent fears surrounding trade conflicts and global economic uncertainty continue to fuel demand for gold, a traditional safe-haven asset.

⚠️ Gold price reached a new ATH of 3098 after opening, showing signs of profit-taking adjustment. Still maintaining in the uptrend of the large H4 frame, accumulating in the uptrend with upcoming tax policies

🚨/// SELL XAU : zone 3097-3100

SL: 3105

TP: 50 - 150 - 300pips (3070 )


🚨/// BUY XAU : zone 3057-3054

SL: 3049

TP: 50 - 150 - 300pips (3084)


Safe and profitable trading
Trade active
Gold price has a huge purchase pressure. The need to hide before Trump's tax policies. It will still be the increase until April 2, 2025

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