XAU / USD trend forecast APRIL 29, 2025 scalping
⚠️Gold prices (XAU/USD) remain under significant selling pressure during the early European session but continue to hover above the $3,300 level amid a backdrop of mixed fundamentals. Indications of reduced trade tensions between the US and China are prompting investors to shift away from safe-haven assets, thereby weakening demand for gold. Additionally, a slight uptick in the US Dollar (USD) adds to the downward pressure on the metal.
Nevertheless, lingering uncertainty surrounding US President Donald Trump’s trade strategies, along with ongoing geopolitical risks, tempers overall market optimism. Moreover, growing expectations of more aggressive monetary easing by the Federal Reserve (Fed) could weigh on the USD and offer some support to the yield-less gold. Traders now await the release of US JOLTS Job Openings data for further direction.
⚠️ Gold prices continued to maintain a sideways price range during the European trading session, around 3300 - 3330.
🚨/// SELL XAU : zone 3325-3328 scalping
SL: 3331
TP: 50 - 100 - 200pips ( 3308 )
Safe and profitable trading
⚠️Gold prices (XAU/USD) remain under significant selling pressure during the early European session but continue to hover above the $3,300 level amid a backdrop of mixed fundamentals. Indications of reduced trade tensions between the US and China are prompting investors to shift away from safe-haven assets, thereby weakening demand for gold. Additionally, a slight uptick in the US Dollar (USD) adds to the downward pressure on the metal.
Nevertheless, lingering uncertainty surrounding US President Donald Trump’s trade strategies, along with ongoing geopolitical risks, tempers overall market optimism. Moreover, growing expectations of more aggressive monetary easing by the Federal Reserve (Fed) could weigh on the USD and offer some support to the yield-less gold. Traders now await the release of US JOLTS Job Openings data for further direction.
⚠️ Gold prices continued to maintain a sideways price range during the European trading session, around 3300 - 3330.
🚨/// SELL XAU : zone 3325-3328 scalping
SL: 3331
TP: 50 - 100 - 200pips ( 3308 )
Safe and profitable trading
Trade active
Great sell , gold price down 3297 . Exactly trend MOON | Forex Academy hopes to bring the best experience to the Forex community
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💠 Trend analysis: XAU, BTC, Currency,...
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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.