Gold price continues to increase, trading above $2900
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
⚠️ 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
Zlecenie aktywne
Gold price in the recovery momentum, sideway around 2910 waiting for today's PPI dataTransakcja zamknięta: osiągnięto wyznaczony cel
Gold accumulates and goes up. Resistance 2920 is helping the seller hold up
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.