XAU / USD trend forecast March 5, 2025
⚠️Gold prices rise as the US Dollar (USD) weakens amid escalating trade tensions between the United States (US), Canada, Mexico, and China, with new tariffs taking effect on Tuesday. As a result, the USD's decline supports the precious metal. XAU/USD is currently trading at $2,918, up 0.62%.
Market sentiment remains negative after the implementation of 25% tariffs on Canada and Mexico, along with an additional 10% levy on Chinese goods at midnight. In response, investors seeking safe-haven assets drove Bullion prices higher, while the Greenback weakened across the board.
⚠️ Gold price recovered thanks to the tax policy of Canada, Mexico and China officially took effect yesterday, growing again around 2930. Positive and heading towards new ATH
🚨/// SELL XAU : zone 2940-2943
SL: 2948
TP: 50 - 150 - 300pips (2913)
🚨/// BUY XAU : zone 2891-2894
SL: 2886
TP: 50 - 150 - 300pips (2921)
Safe and profitable trading
⚠️Gold prices rise as the US Dollar (USD) weakens amid escalating trade tensions between the United States (US), Canada, Mexico, and China, with new tariffs taking effect on Tuesday. As a result, the USD's decline supports the precious metal. XAU/USD is currently trading at $2,918, up 0.62%.
Market sentiment remains negative after the implementation of 25% tariffs on Canada and Mexico, along with an additional 10% levy on Chinese goods at midnight. In response, investors seeking safe-haven assets drove Bullion prices higher, while the Greenback weakened across the board.
⚠️ Gold price recovered thanks to the tax policy of Canada, Mexico and China officially took effect yesterday, growing again around 2930. Positive and heading towards new ATH
🚨/// SELL XAU : zone 2940-2943
SL: 2948
TP: 50 - 150 - 300pips (2913)
🚨/// BUY XAU : zone 2891-2894
SL: 2886
TP: 50 - 150 - 300pips (2921)
Safe and profitable trading
Trade active
Amazing signal , + 300 pips full TP signal BUY 2891-2894 MOON | Forex Academy hopes to bring the best experience to the Forex community
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💠 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.
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.