break trend, gold price continues to decrease, heading 2920

3 giorni fa

XAU / USD trend forecast February 21, 2025, scalping

⚠️ The price of gold (XAU/USD) encounters selling pressure around the $2,950 mark during the Asian trading session on Friday, retreating from the record high reached the day before. The intraday decline appears to be driven by profit-taking, as technical indicators suggest mildly overbought conditions on the daily chart. However, the downside remains limited amid persistent concerns that US President Donald Trump's proposed tariffs could escalate into a full-blown global trade war. This ongoing uncertainty continues to bolster the appeal of the safe-haven precious metal.

⚠️ Gold price is sideways below 2940 in European session, in short-term downtrend

🚨/// SELL XAU : zone 2935-2938

SL: 2941

TP: 50 - 80 - 150pips (2923)


Safe and profitable trading

3 giorni fa

Trade attivo

great SELL , SELL price zone 2935 miss 15 pips, miss 180 pips profit, correct trend

3 giorni fa

Trade chiuso: obiettivo raggiunto

+ 90 pips , great SELL 2935-2938 , not miss again . Nice