XAU / USD trend forecast March 13, 2025
⚠️Gold prices climb late in the North American session on Wednesday, showing resilience despite elevated US Treasury bond yields and a stronger US Dollar. As of writing, XAU/USD is up 0.63%, trading at $2,933 following a US inflation report that came in weaker than expected.
The US Bureau of Labor Statistics (BLS) reported that consumer inflation in the US eased slightly in February. However, investors remain cautious about the outlook, as aggressive tariffs on US imports could potentially spark another wave of inflation.
⚠️ Gold price broke out of the 2930 accumulation zone, starting an uptrend towards the old ATH 2955. Market positivity returns
🚨/// SELL XAU : zone 2952-2955
SL: 2958
TP: 50 - 100 - 150pips (2940 )
🚨/// SELL XAU : zone 2974-2977
SL: 2982
TP: 50 - 150 - 300pips (2947)
Safe and profitable trading