Gold Spot / U.S. Dollar
Long
Updated

XAU Scalping , recovery, gold price continues to reach 3148

207
XAU / USD trend forecast April 10, 2025 scalping

⚠️Gold price (XAU/USD) climbs to a new weekly high, reaching the $3,132–3,133 range ahead of the European session, as rising tensions in US-China trade relations continue to fuel demand for safe-haven assets. Additionally, growing concerns that tariffs may slow economic growth while fueling inflation further support the metal’s appeal as a hedge against price increases. On top of that, increasing speculation over multiple interest rate cuts by the Federal Reserve (Fed) helps lift the non-yielding asset for the second straight day.

⚠️ Gold price is growing at the price zone of 3132, strong resistance is reacting to decrease. However, strong buying power, sustained recovery can help gold price reach 3148 today.

🚨/// SELL XAU : zone 3147 - 3149 Scalping

SL: 3153

TP: 50 - 100 - 200pips ( 3129 )



Safe and profitable trading
Trade active
Gold price moves exactly down trend correction. from 3132 down to 3105, great
Trade closed: target reached
Exactly the trend of increasing, the price of gold reached a new ATH today: 3175

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