XAU / USD trend forecast March 17, 2025
⚠️Gold price (XAU/USD) remains firm near $2,985 after pulling back from a record high of $3,005 during the early Asian session on Monday. A weaker US Dollar (USD) and ongoing economic uncertainty surrounding the global trade war continue to support the precious metal. Traders are now focused on the upcoming US February Retail Sales data, set to be released later on Monday.
The intensifying trade conflict between the US and several key trading partners has unsettled financial markets, raising concerns about its broader economic impact. On Thursday, US President Donald Trump warned of a potential 200% tariff on wine, cognac, and other alcoholic beverages imported from Europe.
⚠️ Still the main uptrend, psychological resistance zones to take profit: 3023, 3045
🚨/// SELL XAU : zone 3021-3024
SL: 3029
TP: 50 - 150 - 300pips (2994 )
🚨/// BUY XAU : zone 2980-2977
SL: 2972
TP: 50 - 150 - 300pips (3007)
Safe and profitable trading
⚠️Gold price (XAU/USD) remains firm near $2,985 after pulling back from a record high of $3,005 during the early Asian session on Monday. A weaker US Dollar (USD) and ongoing economic uncertainty surrounding the global trade war continue to support the precious metal. Traders are now focused on the upcoming US February Retail Sales data, set to be released later on Monday.
The intensifying trade conflict between the US and several key trading partners has unsettled financial markets, raising concerns about its broader economic impact. On Thursday, US President Donald Trump warned of a potential 200% tariff on wine, cognac, and other alcoholic beverages imported from Europe.
⚠️ Still the main uptrend, psychological resistance zones to take profit: 3023, 3045
🚨/// SELL XAU : zone 3021-3024
SL: 3029
TP: 50 - 150 - 300pips (2994 )
🚨/// BUY XAU : zone 2980-2977
SL: 2972
TP: 50 - 150 - 300pips (3007)
Safe and profitable trading
Trade active
Completely accurate trend of increasing, gold price returns to $ 3000Trade closed: target reached
Done PLAN TODAY , XAU touch 3000$ again
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💠 Trend analysis: XAU, BTC, Currency,...
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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.