XAU - Scalping, sideway beginning of the week, decrease

3 mar

XAU / USD trend forecast March 3, 2025, SCALPING

⚠️ On Friday, the US Bureau of Economic Analysis reported that the Personal Consumption Expenditures (PCE) Price Index rose by 0.3% in January and increased by 2.5% over the past year, slightly lower than the 2.6% recorded in December.

Additionally, the core PCE Price Index, which excludes the more volatile food and energy prices, also advanced by 0.3% last month and registered a 2.6% year-over-year increase in January, showing a significant slowdown from the 2.9% recorded in the previous month.

⚠️ Sideway price range at the beginning of the week: trading around 2830 - 2880. Gold price is in a short-term correction phase H1

🚨/// BUY XAU : zone 2850-2853

SL: 2847

TP: 50 - 100 - 150pips (2865)


Safe and profitable trading

3 mar

Trade attivo

The recovery and growth accurately the trend today

3 mar

Trade chiuso: obiettivo raggiunto

Gold price recovered over 2890, short -term optimism