Gold Spot / U.S. Dollar
Short
Updated

XAU scalping - Sellers dominate, downtrend continues

143
XAU / USD trend forecast February 27, 2025, SCALPING

⚠️ The price of gold (XAU/USD) extends its losses from the Asian session, slipping further below the $2,900 threshold and revisiting its lowest level in over a week, last seen on Tuesday. The US Dollar (USD) continues to strengthen for the second consecutive day, supported by a modest rise in US Treasury bond yields, pushing it further away from its lowest level since December 10. Additionally, an overall risk-on sentiment in the market contributes to the downward pressure on the precious metal.

⚠️ Gold price continued the downtrend in the European session, returning to the price zone of 2890, will continue the downtrend and adjust deeper.

🚨/// BUY XAU : zone 2878-2875

SL: 2872

TP: 50 - 100 - 150pips (2890)



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