Gold Spot / U.S. Dollar
Long
Updated

Gold maintains stable price range around 2900

156
XAU / USD trend forecast February 27, 2025

⚠️ The price of gold (XAU/USD) sees modest gains, hovering near $2,920 in the early Asian session on Thursday. Ongoing trade tensions and economic uncertainty sustain the appeal of safe-haven assets like gold.

Late Wednesday, US President Donald Trump reaffirmed his commitment to imposing 25% tariffs on imports from Canada and Mexico while also including the European Union (EU) among the nations facing trade penalties. Trump further stated that the tariffs on Canadian and Mexican goods are set to take effect on April 2.

⚠️ Sideway price range 2890 - 2920, price continues to maintain above 2900, the uptrend is still accumulated and heading towards 3000, the market is waiting for important news to continue to increase strongly

🚨/// SELL XAU : zone 2938-2941

SL: 2946

TP: 50 - 150 - 300pips (2911)



🚨/// BUY XAU : zone 2901-2898

SL: 2893

TP: 50 - 150 - 300pips (2928)


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Gold price declined, breaking from 2900. Forward to 2870

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