XAU / USD trend forecast March 7, 2025, SCALPING
⚠️ Gold price (XAU/USD) remains under pressure, struggling to gain significant buying interest, though it manages to stay above the $2,900 level during Friday’s Asian session. Market participants appear cautious, preferring to wait for the highly anticipated US monthly jobs data before making new directional moves. As a result, the metal continues to trade within a narrow range for the second consecutive day. The widely followed Nonfarm Payrolls (NFP) report is expected to impact the short-term trajectory of the US Dollar (USD) and could provide fresh momentum for gold
⚠️ The trade war will really break out in the second quarter of 2025, gold prices will have to wait and accumulate more. This is the reason why gold prices will decrease and adjust more strongly today after the NF news.
🚨/// SELL XAU : zone 2914-2917 SCALPING
SL: 2920
TP: 50 - 100 - 150pips (2902)
Safe and profitable trading
⚠️ Gold price (XAU/USD) remains under pressure, struggling to gain significant buying interest, though it manages to stay above the $2,900 level during Friday’s Asian session. Market participants appear cautious, preferring to wait for the highly anticipated US monthly jobs data before making new directional moves. As a result, the metal continues to trade within a narrow range for the second consecutive day. The widely followed Nonfarm Payrolls (NFP) report is expected to impact the short-term trajectory of the US Dollar (USD) and could provide fresh momentum for gold
⚠️ The trade war will really break out in the second quarter of 2025, gold prices will have to wait and accumulate more. This is the reason why gold prices will decrease and adjust more strongly today after the NF news.
🚨/// SELL XAU : zone 2914-2917 SCALPING
SL: 2920
TP: 50 - 100 - 150pips (2902)
Safe and profitable trading
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
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💠 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.
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.