XAU / USD trend forecast February 13, 2025, Scalping European session
Gold prices (XAU/USD) extend their rebound from the $2,864 level reached following stronger-than-expected US inflation data, maintaining upward momentum for the second consecutive day on Thursday. A renewed decline in US Treasury bond yields weighs on the US Dollar (USD), providing support for the dollar-denominated precious metal. Additionally, mounting concerns over President Donald Trump’s tariff policies and the potential escalation of a global trade war further bolster demand for the safe-haven bullion.
Gold price is recovering, in an uptrend. Can't break ATH yet, sideways and accumulating more
/// SELL XAU : zone 2927-2930 SCALPING
SL: 2933
TP: 50 - 70 - 150pips (2915)
Safe and profitable trading