Gold intraday idea 10/02/2025
NFP caused XAUUSD to pull back close to 2855 but failed to break lower.
Today, we’ve already broken 2873 and are approaching the 2900 target from last week. With Trump’s announcement of 25% tariffs on steel & aluminium imports, gold could tap 2900 before a deeper pullback to form a higher low.
If you’re not already in, the safest entries would be either a break & retest of 2900 or a deeper pullback during NY open. Watching price action for confirmation.
Today, we’ve already broken 2873 and are approaching the 2900 target from last week. With Trump’s announcement of 25% tariffs on steel & aluminium imports, gold could tap 2900 before a deeper pullback to form a higher low.
If you’re not already in, the safest entries would be either a break & retest of 2900 or a deeper pullback during NY open. Watching price action for confirmation.
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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.