XAU / USD trend forecast APRIL 4, 2025
⚠️Gold price (XAU/USD) remains under selling pressure during the first half of the European session on Friday, trading below the $3,100 level and marking its second consecutive day of decline. The pullback appears to be more of a repositioning move rather than a reaction to any clear fundamental trigger, as traders adjust their positions ahead of the highly anticipated US Nonfarm Payrolls (NFP) report.
At the same time, concerns over the economic impact of US President Donald Trump's extensive reciprocal tariffs could continue to support demand for the safe-haven gold. Additionally, expectations that the Federal Reserve (Fed) will soon resume its rate-cutting cycle due to a tariff-induced slowdown in the US economy, along with a weaker US Dollar (USD), are likely to help cushion the downside for the non-yielding metal.
⚠️ Gold price is moving in a downtrend, retesting SELL entry 3093 and continuing the main trend today. Returning to price zones 3077, 3054, 3033
🚨/// SELL XAU : zone 3091-3094
SL: 3099
TP: 50 - 150 - 300pips ( 3064 )
Safe and profitable trading
⚠️Gold price (XAU/USD) remains under selling pressure during the first half of the European session on Friday, trading below the $3,100 level and marking its second consecutive day of decline. The pullback appears to be more of a repositioning move rather than a reaction to any clear fundamental trigger, as traders adjust their positions ahead of the highly anticipated US Nonfarm Payrolls (NFP) report.
At the same time, concerns over the economic impact of US President Donald Trump's extensive reciprocal tariffs could continue to support demand for the safe-haven gold. Additionally, expectations that the Federal Reserve (Fed) will soon resume its rate-cutting cycle due to a tariff-induced slowdown in the US economy, along with a weaker US Dollar (USD), are likely to help cushion the downside for the non-yielding metal.
⚠️ Gold price is moving in a downtrend, retesting SELL entry 3093 and continuing the main trend today. Returning to price zones 3077, 3054, 3033
🚨/// SELL XAU : zone 3091-3094
SL: 3099
TP: 50 - 150 - 300pips ( 3064 )
Safe and profitable trading
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💠 Trend analysis: XAU, BTC, Currency,...
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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.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
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.