Trading Strategy (XAUUSD) March 13, 2025

Gold prices edged up on Thursday as tariff uncertainty persisted, boosting safe-haven demand, while lower-than-expected US inflation data also supported bullion by bolstering expectations of a rate cut.

Spot gold rose 0.2% to $2,938.24 an ounce by 0050 GMT, while US gold futures were steady at $2,945.70.

Data showed US consumer prices rose less than expected last month, but the improvement could be temporary as steep import tariffs are expected to raise prices of most goods in the coming months.

XAUUSD trading strategy around the price zone:

SELL XAUUSD around 2952-2954
Stoploss: 2958
Take Profit 1: 2947
Take Profit 2: 2941
Take Profit 3: 2935

BUY XAUUSD around 2910-2913
Stoploss: 2906
Take Profit 1: 2917
Take Profit 2: 2923
Take Profit 3: 2930

Note: Always set Stoploss in all cases to be safe