XAU / USD trend forecast February 28, 2025, SCALPING
⚠️ Gold price (XAU/USD) remains under selling pressure during the early European session on Friday, hovering around the $2,864-2,863 range, slightly above its two-week low. The US Dollar (USD) continues its recovery from a more than two-month low this week, driven by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistently high inflation. This, in turn, is a major factor weighing on the precious metal for the second consecutive day.
⚠️ The market is witnessing large, negative selling pressure. Gold prices are heading towards support levels: 2852, 2844.
🚨/// BUY XAU : zone 2845-2842
SL: 2839
TP: 50 - 100 - 150pips (2857)
Safe and profitable trading
⚠️ Gold price (XAU/USD) remains under selling pressure during the early European session on Friday, hovering around the $2,864-2,863 range, slightly above its two-week low. The US Dollar (USD) continues its recovery from a more than two-month low this week, driven by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistently high inflation. This, in turn, is a major factor weighing on the precious metal for the second consecutive day.
⚠️ The market is witnessing large, negative selling pressure. Gold prices are heading towards support levels: 2852, 2844.
🚨/// BUY XAU : zone 2845-2842
SL: 2839
TP: 50 - 100 - 150pips (2857)
Safe and profitable trading
Trade active
Price under selling pressure at the end of the week, reaction + 75 pips Buy entry ( 2845-2842 ) 
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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.