XAU / USD trend forecast January 16, 2025, SCALPING
Earlier this week, Bloomberg revealed that economic advisers to incoming US President Donald Trump are exploring a plan to incrementally raise tariffs on a monthly basis. Additionally, softer-than-anticipated US inflation data has reignited hopes that the Federal Reserve may continue its policy easing cycle, providing support for Gold prices.
Gold price breaks out of 2700 price zone in European session, continues to increase, waiting for next resistance 2720
/// BUY XAU : zone 2699-2696
SL: 2693
TP: 50 - 80 - 150pips (2711)
Safe and profitable trading
Earlier this week, Bloomberg revealed that economic advisers to incoming US President Donald Trump are exploring a plan to incrementally raise tariffs on a monthly basis. Additionally, softer-than-anticipated US inflation data has reignited hopes that the Federal Reserve may continue its policy easing cycle, providing support for Gold prices.
Gold price breaks out of 2700 price zone in European session, continues to increase, waiting for next resistance 2720
/// BUY XAU : zone 2699-2696
SL: 2693
TP: 50 - 80 - 150pips (2711)
Safe and profitable trading
Trade active
Woww, big profit signal BUY , retest zone 2700-2699 and up . Trade closed: target reached
+ 150 pips , FULL TP ( signal BUY 2699-2696 ). Nice chart . 
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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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.