XAU#19: Gold's rally slows down, what's the reason?

XAUUSD demand soars but price growth slows down, risk of correction increases. However, let's look at the fundamentals and price structure to plan for XAUUSD next move:

1️⃣ **Fundamental analysis:**
📊 The decline of the USD is an important sign ahead:
🔹European politics and impact on the USD: German elections could strengthen the EUR, putting more pressure on the USD
🔹USD faces downward pressure: The factors that caused the USD to plummet in 2017 (trade policy, global growth, European politics) could recur in 2025, threatening the strength of the greenback.
🔹Trump Tariffs: Lower-than-expected tariffs have limited the USD's gains, but investors remain concerned about upcoming trade policy.
🚀India's gold imports in February are expected to fall 85% year-on-year to a 20-year low as record bullion prices dampened demand. ''
📌 We have seen the first signs of market sentiment that gold prices are already too high. However, in the game of buying and selling, increasing demand while lacking supply is always the driving force for prices to rise further.

2️⃣ **Technical Analysis:**
🔹 **Frame D**: Yesterday was a pinbar that was forecast to be a strong driver for gold's price increase. However, today's price action shows the opposite. The decline is not over yet.
🔹 **H4 Frame**: The price has been SW at the peak for too long without a breakout. Although the price structure is still increasing, the current support area is showing a weak price reaction.
🔹 **H1 Frame**: As you can see the clear divergence on the MACD indicator. It is highly likely that we will have a slight correction to the support area below

3️⃣ **Trading plan:*
⛔ In the current area, we do not have a clear confirmation, whether BUY or SELL at this time is high risk. Currently, we should not FOMO if there is no clear confirmation from the price structure.
✅ Waiting for the price structure to be broken and then looking for a position when the price rebounds is a wise choice at this time. Or we can simply wait for the price reaction when it reaches the support zones below to trade in accordance with the main trend

💪 **Wishing you success in making profits!**