Gold heading to 3000, the uptrend is crazy

11 Şub

XAU / USD trend forecast February 11, 2025

Gold prices soared to unprecedented heights on Monday, breaching the $2,900 threshold and peaking at a record $2,911, as US President Donald Trump imposed sweeping 25% tariffs on base metals. Fears of economic turbulence and surging inflation prompted investors to flock to the safe-haven asset, propelling the non-yielding metal’s meteoric rise.

The XAU/USD pair now hovers around $2,905, fueled by Trump’s announcement that steel and aluminum imports—including those from Canada, the UAE, and Mexico—would face hefty levies. This policy shift ignited a bullish frenzy in the gold market, with traders setting their sights on the coveted $3,000 milestone, anticipating further price escalation amid global economic uncertainty.

FOMO price increase continues, large buying pressure helps gold price continuously reach new ATH and head towards the 3000 price zone

/// SELL XAU : zone 2944-2947 scalping

SL: 2950

TP: 50 - 70 - 150pips (2932)


/// SELL XAU : zone 2957-2960

SL: 2965

TP: 50 - 150 - 300pips (2930)


Safe and profitable trading

11 Şub

İşlem aktif

Gold price created ATH 2944 and started adjustment, currently transactions around 2900