Gold Spot / U.S. Dollar
Short
Updated

Gold price drops - general trend in world finance

272
XAU / USD trend forecast APRIL 8, 2025

⚠️ Gold (XAU) continues its downward trajectory, dropping over 2% on Monday as investors shift toward the safety of the US Dollar amid growing fears of a global recession driven by US trade policy. XAU/USD is currently trading at $2,971, marking its lowest point since mid-March and slipping below the key $3,000 threshold.

The US Dollar has regained strength after hitting a six-month low last week, following President Donald Trump's announcement of reciprocal tariffs on Wednesday. In response, China imposed a 34% tariff on all US imports last Friday, triggering widespread volatility and losses across major global equity markets.

⚠️Gold price is under great selling pressure when reaching ATH 3167, profit-taking psychology and economic recession worries cause gold price to fall back below 3000

🚨/// SELL XAU : zone 3017-3020 Scalping

SL: 3023

TP: 50 - 100 - 200pips ( 3000 )



🚨/// SELL XAU : zone 3049 - 3052

SL: 3057

TP: 50 - 200 - 400pips ( 3012 )


Safe and profitable trading
Trade active
Gold price touched 3016 then dropped sharply to 2995, SELL GOLD signal 3017 is not active yet, what a pity
Trade closed: target reached
+ 350 pips, crazy signal SELL GOLD ( 3017-3020 ) , nice profit

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