XAU Scalping - DOW pattern short recovery

29 May

XAU / USD trend forecast MAY 29, 2025 Scalping

⚠️Gold (XAU/USD) attempts to recover from its recent slide but remains pinned below the $3,300 level in early European trading on Thursday, marking its fourth straight day of losses. A wave of risk-on sentiment, sparked by a US federal court's decision to block President Trump’s controversial ‘Liberation Day’ tariffs, has dampened demand for the safe-haven metal. Coupled with the lingering impact of Wednesday’s hawkish FOMC Minutes, gold continues to face stiff headwinds, struggling to regain upward momentum.

⚠️ Short-term frame, showing that gold price is still maintaining a short recovery, resistance attention: 3285, 3296. Waiting for US GDP news to officially decrease according to the current main trend

🚨/// BUY XAU : zone 3245-3248 scalping

SL: 3242

TP: 50 - 100 - 200pips ( 3265 )

Safe and profitable trading

29 May

İşlem aktif

The recovery returns, the price of gold maintain accumulating around 3300