XAU / USD trend forecast February 20, 2025, SCALPING
⚠️ On Wednesday, US President Donald Trump declared his intention to impose substantial tariffs on a range of products as early as next month, heightening concerns of escalating trade tensions and reinforcing the appeal of safe-haven assets like Gold.
In an interview with Fox News, US Commerce Secretary Howard Lutnick revealed that Trump's broader objective is to dismantle the Internal Revenue Service (IRS) and shift the tax burden to external entities. Despite the tough stance, Trump hinted at the possibility of negotiating a new trade agreement with China, leaving the door open for future diplomatic engagement.
⚠️ Strong buying power, gold price breaks OLD ATH, continues to have the ability to create a new ATH today
🚨/// SELL XAU : zone 2954-2957
SL: 2962
TP: 50 - 150 - 300pips (2927)
Safe and profitable trading