Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - DOW uptrend formed, entry SELL 2919, 10 Mar

130
XAU / USD trend forecast March 10, 2025, SCALPING

⚠️ The price of gold (XAU/USD) continues to struggle for significant momentum during the Asian session on Monday, remaining within the familiar range it has held for the past week. However, downside risks are limited due to ongoing concerns over a potential global trade conflict, which supports the safe-haven appeal of bullion. Additionally, increasing expectations that the Federal Reserve (Fed) will implement multiple interest rate cuts this year—reinforced by Friday's weaker US jobs data—serve as another factor providing a boost to the non-yielding yellow metal.

⚠️ Small frame forming short term up wave, continuing sideways below 2930. Pay attention to sell price zone 2919

🚨/// SELL XAU : zone 2919-2922 SCALPING

SL: 2925

TP: 50 - 100 - 150pips (2907)



Safe and profitable trading
Trade active
Gold prices decreased according to the trend, sideway around 2900-2910
Trade closed: target reached
Waiting for US inflation data news during the week, currently continuing Sideway 2900-2910

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