Spot gold was unchanged at $3,020.87 an ounce by 0026 GMT. US gold futures were flat at $3,025.10.
US consumer confidence fell to its lowest level in more than four years in March as households worried about a future recession and rising inflation due to tariffs.
Focus is now on the potential reciprocal tariffs the US administration could impose on April 2, causing some market jitters.
XAUUSD trading strategy around the price zone:
SELL XAUUSD around 3030-3032
Stoploss: 3036
Take Profit 1: 3025
Take Profit 2: 3019
Take Profit 3: 3013
BUY XAUUSD around 3004-3006
Stoploss: 3000
Take Profit 1: 3011
Take Profit 2: 3016
Take Profit 3: 3022
Note: Always set Stoploss in all cases to be safe
US consumer confidence fell to its lowest level in more than four years in March as households worried about a future recession and rising inflation due to tariffs.
Focus is now on the potential reciprocal tariffs the US administration could impose on April 2, causing some market jitters.
XAUUSD trading strategy around the price zone:
SELL XAUUSD around 3030-3032
Stoploss: 3036
Take Profit 1: 3025
Take Profit 2: 3019
Take Profit 3: 3013
BUY XAUUSD around 3004-3006
Stoploss: 3000
Take Profit 1: 3011
Take Profit 2: 3016
Take Profit 3: 3022
Note: Always set Stoploss in all cases to be safe
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🪙 JOIN OUR FREE TELEGRAM GROUP 🪙
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️🥇 Exchange and learn market knowledge
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️🥇 Zalo Group: zalo.me/g/hydlwv957
t.me/tradingchampionschannelJoin the community group to get support and share knowledge!
️🥇 Exchange and learn market knowledge
️🥇 Support free trading signals
️🥇 Zalo Group: zalo.me/g/hydlwv957
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.