CFDs on Gold (US$ / OZ)
Long
Updated

big buying power, waiting for new ATH, tariff momentum

107
XAU / USD trend forecast APRIL 2, 2025

⚠️ Gold's rally came to a pause on Tuesday, even as traders remained uncertain about the scale of the impending tariffs.

The US economic calendar reflected a gloomy outlook, with money market futures now factoring in over 78 basis points of interest rate cuts by the Federal Reserve (Fed).

Meanwhile, US business activity showed mixed signals. Data from S&P Global indicated expansion, whereas the Institute for Supply Management (ISM) suggested deteriorating business conditions, adding to concerns as another round of tariffs approaches.

⚠️ Gold price continues steady uptrend, Asian trading session wednesday, price breaktrend and ability to continue to create new ATH


🚨/// BUY XAU : zone 3121-3118

SL: 3113

TP: 50 - 150 - 300pips ( 3148 )


Safe and profitable trading
Trade active
Gold price sideways, accumulating in the price range of 3110 - 3135. Uptrend
Trade closed: target reached
Gold price continues sideways around 3120, buyers are dominating

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