XAU / USD trend forecast February 21, 2025, scalping
⚠️ The price of gold (XAU/USD) encounters selling pressure around the $2,950 mark during the Asian trading session on Friday, retreating from the record high reached the day before. The intraday decline appears to be driven by profit-taking, as technical indicators suggest mildly overbought conditions on the daily chart. However, the downside remains limited amid persistent concerns that US President Donald Trump's proposed tariffs could escalate into a full-blown global trade war. This ongoing uncertainty continues to bolster the appeal of the safe-haven precious metal.
⚠️ Gold price is sideways below 2940 in European session, in short-term downtrend
🚨/// SELL XAU : zone 2935-2938
SL: 2941
TP: 50 - 80 - 150pips (2923)
Safe and profitable trading
⚠️ The price of gold (XAU/USD) encounters selling pressure around the $2,950 mark during the Asian trading session on Friday, retreating from the record high reached the day before. The intraday decline appears to be driven by profit-taking, as technical indicators suggest mildly overbought conditions on the daily chart. However, the downside remains limited amid persistent concerns that US President Donald Trump's proposed tariffs could escalate into a full-blown global trade war. This ongoing uncertainty continues to bolster the appeal of the safe-haven precious metal.
⚠️ Gold price is sideways below 2940 in European session, in short-term downtrend
🚨/// SELL XAU : zone 2935-2938
SL: 2941
TP: 50 - 80 - 150pips (2923)
Safe and profitable trading
Trade active
great SELL , SELL price zone 2935 miss 15 pips, miss 180 pips profit, correct trendTrade closed: target reached
+ 90 pips , great SELL 2935-2938 , not miss again . Nice 
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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.