Gold Spot / U.S. Dollar
Short
Updated

Breaking the trend - gold price drops towards 3000

77
XAU / USD trend forecast March 26, 2025

⚠️Meanwhile, several Federal Reserve (Fed) officials made statements. Governor Adriana Kugler pointed out that goods inflation has increased, highlighting that certain subcategories are showing signs of renewed acceleration. Additionally, New York Fed President John Williams noted that both businesses and households are experiencing greater uncertainty regarding the economic outlook, reflecting heightened concerns about future conditions.

According to Prime Market Terminal's interest rate probabilities data, the money market has now priced in 64.5 basis points of Fed rate cuts in 2025.

⚠️ short term frame, gold price broke sideway support around 3020. decreased and headed towards 3000, 2992 area


🚨/// BUY XAU : zone 2992 - 2989

SL: 2984

TP: 50 - 150 - 300pips (3019)


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Gold price in the sideway area of 3015-3035 throughout today. Accumulate

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