Gold Spot / U.S. Dollar
Short
Updated

decline, gold price drops sharply, trendline H1

245
XAU / USD trend forecast APRIL 4, 2025

⚠️ Gold price (XAU/USD) regains some of its earlier losses, climbing back toward the $3,115 level late in the US trading session on Thursday, following a wave of profit-taking that weighed on the metal a day earlier. Mounting fears of a global trade war and persistent geopolitical tensions continue to support demand for Gold, a traditional safe-haven asset.

The yellow metal pares back its decline after dropping more than 2% from its record high, as a broader market selloff—sparked by US President Donald Trump’s reciprocal tariffs policy—spilled over into the Gold market. Analysts largely attributed the pullback to profit-booking and investors liquidating some of their gold holdings to offset losses in other asset classes.

⚠️ Gold prices suffered a sell-off after reaching ATH 3167, along with tariff policies. Concerns about global economic recession also heavily affected gold prices. It is in a downward correction trend.


🚨/// BUY XAU : zone 3032-3035

SL: 3027

TP: 50 - 150 - 300pips ( 3062 )



🚨/// BUY XAU : zone 3056-3053

SL: 3048

TP: 50 - 150 - 300pips ( 3083 )


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Gold price accurately decreases. There have been recovery in regions: 3032, 3055

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