XAU / USD trend forecast February 11, 2025, Scalping
Gold prices (XAU/USD) pause their minor intraday retracement from a newly established record high, maintaining a firm upward trajectory well above the $2,900 threshold in early European trading on Tuesday. The latest tariff measures imposed by US President Donald Trump on commodity imports, coupled with his intention to implement reciprocal duties on various nations, have rekindled global trade war anxieties. In addition, prevailing geopolitical uncertainties further bolster the appeal of the precious metal as a time-honored safe-haven asset, sustaining its bullish momentum.
After reaching ATH 2943, gold price is under selling pressure, currently sideways around 2907 - 2930, accumulating and waiting for the next buying force.
/// BUY XAU : zone 2908-2911 scalping
SL: 2904
TP: 50 - 70 - 150pips (2923)
Safe and profitable trading
Gold prices (XAU/USD) pause their minor intraday retracement from a newly established record high, maintaining a firm upward trajectory well above the $2,900 threshold in early European trading on Tuesday. The latest tariff measures imposed by US President Donald Trump on commodity imports, coupled with his intention to implement reciprocal duties on various nations, have rekindled global trade war anxieties. In addition, prevailing geopolitical uncertainties further bolster the appeal of the precious metal as a time-honored safe-haven asset, sustaining its bullish momentum.
After reaching ATH 2943, gold price is under selling pressure, currently sideways around 2907 - 2930, accumulating and waiting for the next buying force.
/// BUY XAU : zone 2908-2911 scalping
SL: 2904
TP: 50 - 70 - 150pips (2923)
Safe and profitable trading
Trade active
50 pips profit scalping, signal Buy 2908-2911, currently the price is adjusted and sideway around 2910-2900
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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Related publications
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.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
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.