XAU / USD trend forecast March 20, 2025
⚠️Asian equity markets follow Wall Street’s overnight gains, supported by the Federal Reserve’s decision to keep interest rates unchanged and uphold its forecast for rate cuts this year. As widely anticipated, the US central bank left rates steady for the second consecutive meeting and indicated plans for two 25-basis-point cuts by year-end.
Additionally, US President Donald Trump and Russian President Vladimir Putin agreed on Tuesday to an immediate halt in strikes on energy infrastructure in the Ukraine war. Furthermore, Ukrainian President Volodymyr Zelenskiy and Trump committed to working together toward ending the prolonged Russia-Ukraine conflict, further boosting investor confidence.
⚠️growth continues today, fomo reaches new ATH, be careful with sharp decline when the market is too fomo on growth: maybe BIG SELL 3063, 3074
🚨/// SELL XAU : zone 3062-3065
SL: 3070
TP: 50 - 150 - 300pips (3035 )
Safe and profitable trading