XAU / USD trend forecast March 3, 2025
⚠️ Gold prices (XAU/USD) find some support, rising to around $2,870 during the early Asian session on Monday. Ongoing geopolitical tensions, particularly the Russia-Ukraine conflict, continue to bolster demand for the precious metal. Market participants will be closely watching the release of the US February ISM Manufacturing Purchasing Managers Index (PMI) later in the day.
Meanwhile, according to Russia's state-run RIA news agency, a fire has broken out at an oil refinery in the city of Ufa. The regional branch of Russia’s emergency ministry assured that there is no immediate threat to residents in nearby areas. However, the cause of the fire remains unknown.
⚠️Gold price temporarily recovered at the beginning of the week, touched the H1 trendline and continued the downward correction trend.
🚨/// SELL XAU : zone 2882-2885
SL: 2890
TP: 50 - 150 - 300pips (2855)
🚨/// BUY XAU : zone 2833-2836
SL: 2828
TP: 50 - 150 - 300pips (2863)
Safe and profitable trading
⚠️ Gold prices (XAU/USD) find some support, rising to around $2,870 during the early Asian session on Monday. Ongoing geopolitical tensions, particularly the Russia-Ukraine conflict, continue to bolster demand for the precious metal. Market participants will be closely watching the release of the US February ISM Manufacturing Purchasing Managers Index (PMI) later in the day.
Meanwhile, according to Russia's state-run RIA news agency, a fire has broken out at an oil refinery in the city of Ufa. The regional branch of Russia’s emergency ministry assured that there is no immediate threat to residents in nearby areas. However, the cause of the fire remains unknown.
⚠️Gold price temporarily recovered at the beginning of the week, touched the H1 trendline and continued the downward correction trend.
🚨/// SELL XAU : zone 2882-2885
SL: 2890
TP: 50 - 150 - 300pips (2855)
🚨/// BUY XAU : zone 2833-2836
SL: 2828
TP: 50 - 150 - 300pips (2863)
Safe and profitable trading
Trade active
Gold price recovered in the area 2870, waiting for the price area of 2882Trade closed: target reached
+ 85 pips , amazing profit . Signal SELL 2882-2885 . 
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💠 Trend analysis: XAU, BTC, Currency,...
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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.