Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - short term downtrend line

168
XAU / USD trend forecast April 17, 2025 Scalping, European trading session

⚠️Gold price (XAU/USD) faced some intraday selling pressure after rising to a new record high during the Asian session, as improving market sentiment weighed on demand for traditional safe-haven assets. Additionally, a slight rebound in the US Dollar (USD) from its multi-year low contributed to the downward move in the metal. However, any significant pullback in gold remains limited due to ongoing uncertainty surrounding US President Donald Trump's tariff policies, intensifying US-China trade tensions, and mounting concerns over a potential global recession.

⚠️Gold price shows signs of sideway below old peak 3357 in European trading session, slightly decreased to gain liquidity

🚨/// SELL XAU : zone 3333 - 3336 Scalping

SL: 3339

TP: 50 - 100 - 200pips ( 3316 )



Safe and profitable trading
Trade active
Great signal SELL , XAU decrease 3284 . Amazing trend down

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.