Sideway below 2800 - good sign for new ATH

31 Jan

XAU / USD trend forecast January 30, 2025, SCALPING

Gold prices (XAU/USD) continue to trade within a narrow range as the European session approaches, staying near the record high reached earlier on Friday. Market participants remain wary of the potential economic consequences of US President Donald Trump’s proposed tariffs. Additionally, ongoing geopolitical tensions are providing further support for the safe-haven metal. Furthermore, expectations that Trump’s protectionist measures could drive inflation higher are reinforcing gold’s appeal as a hedge against rising price pressures.

Gold sideways around 2795, in European and American sessions there is a chance to create a new ATH at the end of the week

/// BUY XAU : zone 2785-2788

SL: 2782

TP: 50 - 80 - 150pips (2803)


Safe and profitable trading

31 Jan

Dagangan aktif

Exactly the trend of increasing - price 2791 finished liquidity, break 2799 and increase sharply. Signal Plan Buy 2788 Miss