XAU / USD trend forecast February 20, 2025
⚠️ Gold prices pulled back on Wednesday during the North American session following the release of the Federal Reserve’s (Fed) latest monetary policy minutes, which revealed unanimous support among policymakers for maintaining interest rates at their January meeting. As a result, XAU/USD hovers around $2,925, marking a 0.31% decline.
The minutes highlighted that Fed officials viewed the risks to their dual mandate as relatively balanced. However, "some participants cited potential shifts in trade and immigration policies as factors that could impede the disinflation process." Additionally, it was noted that certain inflation expectation indicators had shown a recent uptick.
⚠️ Gold price moves within 2 trendlines, uptrend, continue to wait for buying force to break ATH again today, fomo is still very large
🚨/// SELL XAU : zone 2954-2957
SL: 2962
TP: 50 - 150 - 300pips (2927)
🚨/// BUY XAU : zone 2926-2923
SL: 2918
TP: 50 - 150 - 300pips (2953)
Safe and profitable trading