Gold Spot / U.S. Dollar
Short
Updated

XAU scalping - Short recovery, forming bullish DOW

139
XAU / USD trend forecast MAY 5, 2025

⚠️Gold (XAU/USD) holds a modestly bullish stance entering the European session, though momentum remains subdued as investors await clearer signals on the Federal Reserve’s rate trajectory. All eyes are on Wednesday’s conclusion of the FOMC’s two-day policy meeting, a potential turning point for the US Dollar and a key catalyst for the precious metal's next move.

Meanwhile, market sentiment remains fragile amid the unpredictability of President Donald Trump’s trade agenda, ongoing tensions in Ukraine, and escalating unrest in the Middle East—factors that sustain demand for safe-haven assets like gold. At the same time, the US Dollar trades on the back foot below recent highs, weighed by economic uncertainty and growing expectations of rate cuts, further supporting the XAU/USD pair.

⚠️ Short term, gold price recovers, pay attention to resistance zone 3282. Short recovery in correction and accumulation trend at the beginning of the week

🚨/// SELL XAU : zone 3281-3284

SL: 3287

TP: 50 - 100 - 200pips ( 3264 )



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Gold price recovered exceeding transaction landmarks over 3320

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