Gold recovered at the beginning of the week 2906, entry SELL
XAU / USD trend forecast February 17, 2025
⚠️ Gold prices (XAU/USD) dip toward $2,880 in early Asian trading on Monday, as investors engage in profit-taking following recent gains. However, lingering concerns over a potential global trade war, fueled by US President Donald Trump’s push for reciprocal tariffs, could cushion the downside for the precious metal.
The yellow metal’s upside remains capped as traders lock in profits and the implementation of Trump’s proposed tariffs faces delays. On Thursday, the US President signed a memorandum outlining his plan to enforce reciprocal tariffs on foreign nations. However, instead of immediate execution, the administration opted to initiate negotiations with individual countries that might be affected. This temporary de-escalation in trade tensions dampens safe-haven demand for gold, exerting additional pressure on its price.
⚠️ Gold price is still in the uptrend in H4 frame, short-term recovery at the beginning of the week, continuing sideways and accumulating
🚨/// SELL XAU : zone 2905-2908
SL: 2911
TP: 50 - 70 - 150pips (2893)
🚨/// SELL XAU : zone 2922-2925
SL: 2930
TP: 50 - 150 - 300pips (2895)
Safe and profitable trading
⚠️ Gold prices (XAU/USD) dip toward $2,880 in early Asian trading on Monday, as investors engage in profit-taking following recent gains. However, lingering concerns over a potential global trade war, fueled by US President Donald Trump’s push for reciprocal tariffs, could cushion the downside for the precious metal.
The yellow metal’s upside remains capped as traders lock in profits and the implementation of Trump’s proposed tariffs faces delays. On Thursday, the US President signed a memorandum outlining his plan to enforce reciprocal tariffs on foreign nations. However, instead of immediate execution, the administration opted to initiate negotiations with individual countries that might be affected. This temporary de-escalation in trade tensions dampens safe-haven demand for gold, exerting additional pressure on its price.
⚠️ Gold price is still in the uptrend in H4 frame, short-term recovery at the beginning of the week, continuing sideways and accumulating
🚨/// SELL XAU : zone 2905-2908
SL: 2911
TP: 50 - 70 - 150pips (2893)
🚨/// SELL XAU : zone 2922-2925
SL: 2930
TP: 50 - 150 - 300pips (2895)
Safe and profitable trading
Trade active
wow, nice SELL 2905-2908 , + 140 PIPS PROFIT entry SELL , GREAT Trade closed: target reached
GREAT SELL 2905-2907 , US session only sideways around 2900
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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.