Gold Spot / U.S. Dollar
Long
Updated

Continue waiting for new ATH, gold price next week

275
XAU / USD trend forecast next week: 31 march - 4 April , 2025

⚠️Meanwhile, the US Dollar remains under pressure and is on track to end the week down by 0.11%, as reflected in the US Dollar Index (DXY), which supports higher prices for precious metals. US Treasury yields are also declining as investors shift toward safe-haven assets like gold and the Japanese Yen (JPY).

On the economic front, the Core Personal Consumption Expenditures (PCE) Price Index for February largely met expectations, while the University of Michigan’s Consumer Sentiment survey for March showed further deterioration.

Additionally, San Francisco Fed President Mary Daly indicated she expects two rate cuts in 2025, emphasizing that her primary focus remains on inflation, as recent progress has stalled.

Meanwhile, money markets have increased their expectations for Fed rate cuts, now pricing in 73.5 basis points of easing for 2025—an increase of 10 basis points from the previous day—according to Prime Market Terminal interest rate probabilities.

⚠️The demand for safe havens has increased dramatically. It is forecasted that next week will continue to be a huge buying pressure for gold. Due to fear of reciprocal tax pressure from the US and Europe, gold is heading towards $3,200.

🚨 note : Resistance zone : $3100 , $3157 , $3200


🚨note: Support zone : $3057 , $3002


Safe and profitable trading
Trade active
Continue to be the increase in the next week. Gold price can reach 3100 at the beginning of the week
Trade closed: target reached
Exactly the trend of price increase, the price of gold reaches a new ATH 3128

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