XAU Scalping - DOW Formation - Uptrend Continues

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XAU / USD trend forecast January 15, 2025, SCALPING

Gold price (XAU/USD) faces renewed selling pressure during the Asian session on Wednesday, paring some of the modest recovery gains from its one-week low recorded the previous day. The easing concerns over disruptive trade tariffs by US President-elect Donald Trump, combined with softer-than-expected US inflation data released on Tuesday, continue to support a risk-on sentiment. This shift in market mood weighs on the appeal of the safe-haven precious metal.

Short time frame - price continues to increase, forming DOW, waiting for higher price increase zones

/// BUY XAU : zone 2675-2677

SL: 2671

TP: 50 - 80 - 150pips (2690)



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+ 120 pips profit NOW, signal BUY 2677-2675, great
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