Gold sets new ATH: waiting for 3063, 3074

3月20日

XAU / USD trend forecast March 20, 2025

⚠️Gold prices surged to a new all-time high of $3,052 on Wednesday following remarks from US Federal Reserve (Fed) Chair Jerome Powell after the central bank’s decision to keep interest rates unchanged. As of writing, XAU/USD remains volatile, fluctuating within the $3,035-$3,050 range, up more than 0.20%.

The Fed opted to maintain interest rates within the 4.25%-4.50% range and adjusted its balance sheet, with reductions expected to begin in April. The central bank acknowledged the strength of labor market conditions but also noted that inflation remains "somewhat" elevated, reaffirming its commitment to closely monitoring risks to both sides of its dual mandate.

⚠️Still a long-term uptrend, the danger of fomo psychology is very large. Be careful for strong corrections (potential ATH zones today: 3063, 3074, 3089)

🚨/// SELL XAU : zone 3062-3065

SL: 3070

TP: 50 - 150 - 300pips (3035 )


🚨/// SELL XAU : zone 3073-3076

SL: 3081

TP: 50 - 150 - 300pips (3046)

Safe and profitable trading

3月20日

交易進行

Gold began to rhythmic adjustment around 3040. Accumulate liquidity

3月20日

交易結束：目標達成

Gold price continues to accumulate, sideway around 3030-3040 to get liquidity for the continuation trend