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XAU Scalping - retest breakout 2978 and continue UP

181
XAU / USD trend forecast March 14, 2025, SCALPING

⚠️Gold price (XAU/USD) continues its sideways consolidation after reaching a new all-time high on Friday, staying on course for a second consecutive week of solid gains. Ongoing concerns over US President Donald Trump's aggressive trade policies and their potential effects on the global economy remain a key driver of demand for the safe-haven metal. Additionally, increasing expectations that the Federal Reserve (Fed) will raise interest rates multiple times this year due to a tariff-induced slowdown in the US economy further bolster the non-yielding yellow metal.

⚠️ The upward trend of gold today remains unchanged, gold price is accumulating in the price range of 2970 - 2990 in the Asian and European sessions. The US session will continue to increase in price.

🚨/// BUY XAU : zone 2980-2977

SL: 2974

TP: 50 - 100 - 150pips (2992)



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