XAU / USD trend forecast February 6, 2025, SCALPING
The price of gold (XAU/USD) continues its consolidation phase as the European session approaches on Thursday, holding near the record high reached the day before. Persistent concerns over a potential US-China trade war and the economic impact of US President Donald Trump’s tariffs continue to drive demand for the safe-haven metal. Additionally, growing expectations that the Federal Reserve (Fed) will continue lowering interest rates in 2025, along with the recent decline in US Treasury bond yields, further support the non-yielding yellow metal.
Gold price moves in the range of 2855 - 2882, sideways and waiting for NF this Friday, still moving in an uptrend
/// BUY XAU : zone 2858-2861
SL: 2855
TP: 50 - 80 - 150pips (2873 )
Safe and profitable trading
The price of gold (XAU/USD) continues its consolidation phase as the European session approaches on Thursday, holding near the record high reached the day before. Persistent concerns over a potential US-China trade war and the economic impact of US President Donald Trump’s tariffs continue to drive demand for the safe-haven metal. Additionally, growing expectations that the Federal Reserve (Fed) will continue lowering interest rates in 2025, along with the recent decline in US Treasury bond yields, further support the non-yielding yellow metal.
Gold price moves in the range of 2855 - 2882, sideways and waiting for NF this Friday, still moving in an uptrend
/// BUY XAU : zone 2858-2861
SL: 2855
TP: 50 - 80 - 150pips (2873 )
Safe and profitable trading
Trade active
Gold maintained Sideway over 2850 before the news NF
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💠 Trend analysis: XAU, BTC, Currency,...
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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.