XAU / USD trend forecast February 7, 2025, SCALPING
Gold price (XAU/USD) gives up a significant portion of its intraday gains as the European session approaches on Friday, though it continues to hover near the record high reached earlier in the week. The US Dollar (USD) edges higher as traders adjust their positions ahead of the highly anticipated US Nonfarm Payrolls (NFP) report. This modest USD rebound is a key factor limiting further upside for the precious metal.
Gold price recovered in Asian session, currently sideways below 2880 waiting for NF news
/// SELL XAU : zone 2874-2877 Scalping
SL: 2880
TP: 50 - 80 - 150pips (2862 )
Safe and profitable trading
Gold price (XAU/USD) gives up a significant portion of its intraday gains as the European session approaches on Friday, though it continues to hover near the record high reached earlier in the week. The US Dollar (USD) edges higher as traders adjust their positions ahead of the highly anticipated US Nonfarm Payrolls (NFP) report. This modest USD rebound is a key factor limiting further upside for the precious metal.
Gold price recovered in Asian session, currently sideways below 2880 waiting for NF news
/// SELL XAU : zone 2874-2877 Scalping
SL: 2880
TP: 50 - 80 - 150pips (2862 )
Safe and profitable trading
Trade active
Continue to prepare for the new week - Gold price accumulated over 2830
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.