Accumulate for uptrend next week - XAU | USD

8 Mar

XAU / USD trend forecast next week: 10 march - 14 march , 2025

⚠️Gold prices declined on Friday as the US Dollar regained some ground and US Treasury bond yields rebounded following the release of a US labor market report. As of writing, XAU/USD is trading at $2,907, down 0.11%.

The US Bureau of Labor Statistics (BLS) published the February Nonfarm Payrolls (NFP) report, revealing that while job gains exceeded January’s figures, they still fell short of expectations. Additionally, the data indicated that the Unemployment Rate remained stable, with Federal Reserve (Fed) Governor Adriana Kugler noting that hiring continues to surpass the breakeven level.

⚠️ The accumulation of 2890 - 2930 of gold price in the past 2 weeks shows that buying pressure is waiting for an opportunity to move towards the price zone above 3000. The US dollar and gold are directly benefiting from the tax policies of the Trump administration.

🚨 note : Resistance zone : $2926 , $2955 , $2982


🚨note: Support zone : $2890 , $2870 , $2835

Safe and profitable trading

9 Mar

İşlem aktif

Gold price at the beginning of the week can recover slightly, will continue Sideway