Gold growth - waiting for entry SELL OLD ATH 2955

Feb 24

XAU / USD trend forecast February 24, 2025

⚠️ Concerns over the health of the US consumer and the broader economic growth outlook have pushed the US Dollar (USD) to its weakest level since December 10. Coupled with rising geopolitical tensions, these factors continue to lend support to Gold prices. However, the increasing consensus that the Federal Reserve (Fed) will maintain elevated interest rates for an extended period due to persistent inflation limits the precious metal’s upward momentum. Consequently, market participants remain cautious, awaiting the release of the US Personal Consumption Expenditures (PCE) Price Index on Friday for further insights into the Fed’s monetary policy trajectory

⚠️ At the beginning of the week, the market returned and showed positive sentiment, with very optimistic sentiment about gold prices reaching above 3000 thanks to the US tariff momentum.

🚨/// SELL XAU : zone 2953-2956

SL: 2961

TP: 50 - 150 - 300pips (2926)


Safe and profitable trading

Feb 24

Trade active

Woww, +215 pips signal Sell 2953-2956