XAU Scalping - 11 Feb - Still in uptrend, entry BUY 2908

XAU / USD trend forecast February 11, 2025, Scalping

Gold prices (XAU/USD) pause their minor intraday retracement from a newly established record high, maintaining a firm upward trajectory well above the $2,900 threshold in early European trading on Tuesday. The latest tariff measures imposed by US President Donald Trump on commodity imports, coupled with his intention to implement reciprocal duties on various nations, have rekindled global trade war anxieties. In addition, prevailing geopolitical uncertainties further bolster the appeal of the precious metal as a time-honored safe-haven asset, sustaining its bullish momentum.

After reaching ATH 2943, gold price is under selling pressure, currently sideways around 2907 - 2930, accumulating and waiting for the next buying force.

/// BUY XAU : zone 2908-2911 scalping

SL: 2904

TP: 50 - 70 - 150pips (2923)

Safe and profitable trading

交易進行

50 pips profit scalping, signal Buy 2908-2911, currently the price is adjusted and sideway around 2910-2900

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