XAU continues bullish trend - waiting to return to ATH
XAU / USD trend forecast February 10, 2025
Gold prices (XAU/USD) continue their upward momentum, reaching around $2,865 in the early Asian session on Monday. The precious metal gains traction as rising trade tensions drive investors toward safe-haven assets.
On Friday, US President Donald Trump announced his intention to introduce reciprocal tariffs on multiple countries by Tuesday or Wednesday, with immediate implementation. This development supports the yellow metal as investors closely follow trade war-related updates. According to David Meger, director of metals trading at High Ridge Futures, "The primary focus of the gold market remains the uncertainty surrounding Trump’s tariff policies."
Still, the news that the US is preparing to impose taxes on EU countries is causing concerns about a global trade war, gold continues to have a good upward trend.
/// SELL XAU : zone 2885-2887
SL: 2893
TP: 50 - 150 - 300pips (2857)
Safe and profitable trading
Gold prices (XAU/USD) continue their upward momentum, reaching around $2,865 in the early Asian session on Monday. The precious metal gains traction as rising trade tensions drive investors toward safe-haven assets.
On Friday, US President Donald Trump announced his intention to introduce reciprocal tariffs on multiple countries by Tuesday or Wednesday, with immediate implementation. This development supports the yellow metal as investors closely follow trade war-related updates. According to David Meger, director of metals trading at High Ridge Futures, "The primary focus of the gold market remains the uncertainty surrounding Trump’s tariff policies."
Still, the news that the US is preparing to impose taxes on EU countries is causing concerns about a global trade war, gold continues to have a good upward trend.
/// SELL XAU : zone 2885-2887
SL: 2893
TP: 50 - 150 - 300pips (2857)
Safe and profitable trading
Trade active
Exactly the trend of increasing - gold created ath too strong at the beginning of the week: 2911 Trade closed: target reached
Continue to wait for the new Ath - Fomo from the market today( more 2900 ) 
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.
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.