Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - Uptrend above 2910, new growth wave

90
XAU / USD trend forecast March 5, 2025, SCALPING

⚠️ Safe-haven Gold gained buying interest as the US halted military aid to Ukraine. Bloomberg quoted a defense official stating that all US military equipment not yet delivered to Ukraine would be put on hold, including weapons in transit by air and sea, as well as those waiting in transit zones in Poland. On Friday, tensions flared between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy during peace deal negotiations.

On Wednesday, US President Donald Trump will address a joint session of Congress at the Capitol Building in Washington, DC. This will be his first Congressional speech since returning to office.

⚠️ sideway price zone in growth again: 2900 - 2930, positive gold can return to 2940 soon

🚨/// SELL XAU : zone 2927-2930. SCALPING

SL: 2933

TP: 50 - 100 - 150pips (2915)



Safe and profitable trading
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Gold price continues Sideway under 2920, waiting for the news of the ADP - NF today

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