Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - 6 May, nearest resistance zone 3384

115
XAU / USD trend forecast MAY 6, 2025 Scalping

⚠️While speaking to reporters aboard Air Force One on Sunday, US President Donald Trump suggested that trade deals with certain nations could materialize as soon as this week, though he refrained from naming any specific partners. Earlier, Trump had expressed a willingness to scale back the steep tariffs levied on Chinese imports. In parallel, China’s Ministry of Commerce confirmed it is reviewing the prospect of renewed trade negotiations with Washington. These developments have reignited hopes for a thaw in the prolonged tariff dispute between the world's two largest economies, reinforcing broader market optimism and encouraging a more risk-on sentiment.

⚠️ Gold prices rose following the major recovery, returning to the nearest sell liquidity zone of 3384 during the European trading session.

🚨/// SELL XAU : zone 3382-3385 scalping

SL: 3388

TP: 50 - 100 - 200pips ( 3365 )


Safe and profitable trading
Trade active
Nice , + 130 pips signal SELL XAU ( 3382-3385 ) In the European trading session, the price is still tending to grow over 3390

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.