Gold Spot / U.S. Dollar
Short
Updated

Tariff negotiations, downward pressure on gold ! 3202 Scalping

199
XAU / USD trend forecast MAY 12, 2025 Scalping

⚠️Gold (XAU/USD) extended its sharp intraday decline on Monday, plunging to a fresh one-week low beneath the $3,250 mark during early European trade. The upbeat market sentiment gained further traction after the United States and China issued a joint statement signaling an agreement to reduce tariffs—diminishing geopolitical tensions and prompting investors to shift away from the safe-haven appeal of bullion.

⚠️ Gold price dropped to 3220, after the news of US and China tariffs cooled down, money flowed back to risky assets. Gold price will continue to be under selling pressure and accumulate around 3202.

🚨/// SELL XAU : zone 3256-3259 scalping

SL: 3262

TP: 50 - 100 - 200pips ( 3239 )



Safe and profitable trading
Trade active
Gold price touches 3249 and decreases again, unfortunately the signal ( Sell 3256-3259 )

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.