Short-term downtrend, gold price retreats to $3000 zone

3月24日

XAU / USD trend forecast March 24, 2025

⚠️At the same time, expectations that the Federal Reserve (Fed) will soon restart its rate-cutting cycle due to concerns over a tariff-induced slowdown in the U.S. economy fail to help the U.S. Dollar (USD) sustain last week’s rebound from a multi-month low. Additionally, ongoing geopolitical risks discourage traders from making strong bearish bets on the non-yielding gold price, keeping losses in check ahead of the release of flash global PMIs. Market attention will then turn to the U.S. Personal Consumption Expenditure (PCE) Price Index, set for release on Friday.

⚠️ Technical analysis along with the overall world situation shows that gold prices will decrease this week. The H1 frame forms a short-term downtrend line.

🚨/// SELL XAU : zone 3027-3030

SL: 3035

TP: 50 - 150 - 300pips (3000 )


Safe and profitable trading

3月24日

交易進行

+ 80 pips , big profit signal SELL 3027-3030 , great

3月24日

交易結束：目標達成

+ 240 pips , big profit signal SELL 3027-3030 . Great trend