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Gold price recovered to 3345, continuing to accumulate

176
XAU / USD trend forecast July 10, 2025

⚠️Gold prices post solid gains on Wednesday, supported by falling US Treasury yields, despite the US Dollar holding firm against major currencies. Market sentiment remains driven by trade developments, while the latest Fed minutes reveal that officials are still weighing a rate cut in 2025. At the time of writing, XAU/USD trades at $3,312, up 0.31%.

The minutes show most Fed members view a rate cut this year as appropriate, with some open to easing as early as July, depending on upcoming data.

Meanwhile, the White House escalated trade tensions by issuing new tariff letters to countries including the Philippines, Moldova, Algeria, Iraq, Libya, Brunei, and Sri Lanka, imposing duties between 20% and 30%.

⚠️Gold price continues to accumulate in a week without important economic news, price range moves 3280 - 3345

🚨/// SELL XAU : zone 3344-3347

SL: 3352

TP: 50 - 100 - 300pips ( 3317 )

🚨/// BUY XAU : zone 3286 - 3283

SL: 3278

TP: 50 - 100 - 300pips ( 3313 )



Safe and profitable trading
Dagangan aktif
Gold continue sideway : around 3310-3330

Penafian

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