entry SELL 2923 , wait for recovery here, Scalping

6 天前

XAU / USD trend forecast February 18, 2025, Scalping European session

On Friday, US President Donald Trump issued a stern warning, stating that tariffs on automobiles could take effect as early as April 2. This latest development adds to his broader strategy of imposing reciprocal tariffs on nations that levy duties on US imports, reinforcing demand for the safe-haven appeal of gold.

Meanwhile, the weaker-than-expected US Retail Sales data released on Friday, coupled with conflicting signals regarding inflation, has fueled speculation that the Federal Reserve may opt to lower interest rates at its September or October policy meeting. Market expectations, as reflected in Fed Funds Futures, currently price in the likelihood of a 40-basis-point rate cut in 2025.

break H1 frame, gold price continues to increase, waiting for SELL entry, resistance 2923

/// SELL XAU : zone 2923-2926 SCALPING

SL: 2929

TP: 50 - 70 - 150pips (2911)


Safe and profitable trading

6 天前

交易進行

Gold grow, recover to return 2930. Sideway here