Gold Spot / U.S. Dollar
Long
Updated

Gold breaks out, recovers above 3300

238
XAU / USD trend forecast MAY 21, 2025

⚠️Gold climbs for a second day on Tuesday, rising over 1.5% to $3,289, as the US Dollar weakens amid growing concerns over trade policy and fiscal stability after Moody’s debt downgrade. With US stocks slipping, investors are seeking refuge in the yellow metal, drawn by safe-haven demand fueled by Moody’s shift from AAA to Aa1 and a warning on America’s debt outlook.

⚠️ Gold prices are having a short-term growth momentum, recovering when military tensions in the Middle East increase. Recovering above 3300, taking liquidity

🚨/// SELL XAU : zone 3347-3350

SL: 3355

TP: 50 - 100 - 300pips ( 3320 )

🚨/// BUY XAU : zone 3252-3249

SL: 3244

TP: 50 - 100 - 300pips ( 3279 )



Safe and profitable trading
Trade active
Gold price growth in Asian sessions: reach 3320
Trade closed: target reached
Gold price accumulated in 3290 - 3310, in the recovery rhythm

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.