XAU / USD trend forecast February 4, 2025
Gold prices surged to a record high on Monday after the US announced initial tariffs on Canada, Mexico, and China, boosting demand for the metal’s safe-haven appeal. As of now, XAU/USD is trading at $2,821, up 0.87% from its opening price.
Despite an improved market sentiment, gold continues to hold onto its previous gains. Since US President Donald Trump took office, tariffs have played a key role in driving market movements. The US Dollar started the week strong after implementing 25% tariffs on two major trading partners and a 10% tariff on China.
Gold still has great growth momentum as USD and gold become current safe investments.
/// SELL XAU : zone 2847-2850
SL: 2855
TP: 50 - 150 - 300pips (2820)
Safe and profitable trading
Gold prices surged to a record high on Monday after the US announced initial tariffs on Canada, Mexico, and China, boosting demand for the metal’s safe-haven appeal. As of now, XAU/USD is trading at $2,821, up 0.87% from its opening price.
Despite an improved market sentiment, gold continues to hold onto its previous gains. Since US President Donald Trump took office, tariffs have played a key role in driving market movements. The US Dollar started the week strong after implementing 25% tariffs on two major trading partners and a 10% tariff on China.
Gold still has great growth momentum as USD and gold become current safe investments.
/// SELL XAU : zone 2847-2850
SL: 2855
TP: 50 - 150 - 300pips (2820)
Safe and profitable trading
Trade active
Gold price is moving accurately the trend of increasing, currently trading on the area 2820Trade closed: target reached
Exactly trend , miss 15 pips entry SELL PLAN DAY 2847-2850. Unlucky 
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💠 Trend analysis: XAU, BTC, Currency,...
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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.