Gold Spot / U.S. Dollar
Long
Updated

Maintain uptrend at price range 3345

56
XAU / USD trend forecast MAY 23, 2025

⚠️Despite a brief pullback, the outlook for gold remains strong amid rising geopolitical tensions. Reports suggest Israel may strike Iran’s nuclear sites if US-Iran talks collapse, stoking safe-haven demand. Meanwhile, upbeat US PMI data and lower jobless claims highlight a resilient economy. Traders now turn their focus to upcoming housing data and Fed remarks for further cues.

⚠️ Strong buying volume, maintaining the price line following the uptrend line, waiting to return to 3345 to create a double top pattern

🚨/// SELL XAU : zone 3343-3346

SL: 3351

TP: 50 - 100 - 300pips ( 3316 )



Safe and profitable trading
Trade active
Gold price recovered reached 3360

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