Gold recovered at the beginning of the week 2906, entry SELL

5 天前

XAU / USD trend forecast February 17, 2025

⚠️ Gold prices (XAU/USD) dip toward $2,880 in early Asian trading on Monday, as investors engage in profit-taking following recent gains. However, lingering concerns over a potential global trade war, fueled by US President Donald Trump’s push for reciprocal tariffs, could cushion the downside for the precious metal.

The yellow metal’s upside remains capped as traders lock in profits and the implementation of Trump’s proposed tariffs faces delays. On Thursday, the US President signed a memorandum outlining his plan to enforce reciprocal tariffs on foreign nations. However, instead of immediate execution, the administration opted to initiate negotiations with individual countries that might be affected. This temporary de-escalation in trade tensions dampens safe-haven demand for gold, exerting additional pressure on its price.

⚠️ Gold price is still in the uptrend in H4 frame, short-term recovery at the beginning of the week, continuing sideways and accumulating

🚨/// SELL XAU : zone 2905-2908

SL: 2911

TP: 50 - 70 - 150pips (2893)


🚨/// SELL XAU : zone 2922-2925

SL: 2930

TP: 50 - 150 - 300pips (2895)


Safe and profitable trading

5 天前

交易進行

wow, nice SELL 2905-2908 , + 140 PIPS PROFIT entry SELL , GREAT

5 天前

交易結束：目標達成

GREAT SELL 2905-2907 , US session only sideways around 2900