Gold price continues to increase, trading above $2900

Feb 13

XAU / USD trend forecast February 13, 2025

⚠️ Gold prices regained some lost ground late in Wednesday’s North American session, as Federal Reserve (Fed) Chair Jerome Powell emphasized the necessity of maintaining restrictive monetary policy amid mounting inflationary pressures and escalating tariff threats from US President Donald Trump. As a result, XAU/USD remains steady, hovering around $2,897.

The precious metal managed to halt its recent decline after data from the US Bureau of Labor Statistics (BLS) revealed that inflation had surged past the 3% threshold. This development reinforces the notion that the Federal Reserve may extend its pause on monetary easing longer than previously anticipated, lending renewed support to gold’s appeal as an inflation hedge.

⚠️ The buyers still show that the upward pressure is still very large, adjusting and accumulating around the 2900 area, waiting to return to the old ATH area of ​​2944.

🚨/// BUY XAU : zone 2891-2888 scalping

SL: 2885

TP: 50 - 70 - 150pips (2903)


🚨/// BUY XAU : zone 2879-2876

SL: 2871

TP: 50 - 150 - 300pips (2906)


Safe and profitable trading

Feb 13

Trade active

Gold price in the recovery momentum, sideway around 2910 waiting for today's PPI data

Feb 13

Trade closed: target reached

Gold accumulates and goes up. Resistance 2920 is helping the seller hold up