XAU Scalping - wait for BUY entry in uptrend

20 Mar

XAU / USD trend forecast March 20, 2025. Scalping

⚠️Gold price (XAU/USD) pulls back slightly after reaching a new all-time high on Thursday and stays defensive during the early European session, though its downside remains limited. Buyers appear hesitant to initiate new positions due to the slightly overbought conditions on the daily chart and an improved risk sentiment, which weakens demand for the safe-haven metal. Additionally, a modest recovery in the US Dollar (USD) adds further pressure, restricting gold’s upside potential.

⚠️ Gold prices slightly decreased in the European trading session, waiting for the liquidity zone 3040 to have the force to increase again.

🚨/// BUY XAU : zone 3042-3039

SL: 3036

TP: 50 - 100 - 150pips (3054)


Safe and profitable trading

20 Mar

İşlem aktif

+ 65 pips , great signal BUY XAU 3042 - 3039 , great profit