Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - Gold price rebounded briefly 3257 and SELL

181
XAU / USD trend forecast MAY 1, 2025 scalping

⚠️Gold prices (XAU/USD) extended their losing streak into a third consecutive session on Thursday, slipping to a more than two-week low near the $3,221 mark during the Asian trading hours. The sustained decline in the precious metal is largely attributed to growing optimism over a potential de-escalation in trade tensions between the United States and China — the two largest global economies — which continues to dampen investor appetite for traditional safe-haven assets like gold. This shift in sentiment has redirected capital flows toward riskier assets. Compounding the bearish pressure on bullion, the US Dollar has climbed to a fresh two-week high, drawing additional demand and thereby making the dollar-denominated metal more expensive for holders of other currencies, intensifying the intraday sell-off.

⚠️ Gold's downtrend is confirmed after breaking 3264, gold price will continue to face strong selling pressure below 3200

🚨/// SELL XAU : zone 3255-3258 scalping

SL: 3261

TP: 50 - 100 - 200pips ( 3238 )



Safe and profitable trading
Trade active
Gold prices decreased according to the judgment, transactions below 3210 before the US session
Trade closed: target reached
Great trend decrease, XAU down 3205

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