continue strong uptrend, waiting for ATH 3060

19 Mar

XAU / USD trend forecast March 19, 2025. Scalping

⚠️The ongoing conflict in the Middle East between Israel and Hamas has driven XAU/USD higher, as Israeli airstrikes in Gaza have resulted in over 400 casualties, putting a two-month ceasefire at risk, according to Reuters.

On the economic front, US data showed that Industrial Production improved in February. However, housing sector indicators were mixed, with Building Permits plunging while Housing Starts surged, as reported by the US Census Bureau.

Meanwhile, the CME Group's FedWatch Tool indicates that traders widely anticipate the Federal Reserve will leave interest rates unchanged on Wednesday. However, market participants see a nearly 66% probability of a rate cut in June.

⚠️ Fomo gold price increase has not stopped, profit-taking resistance zone 3045 has been completed, if price continues to increase, can wait for price zone 3060

🚨/// BUY XAU : zone 3034-3031

SL: 3028

TP: 50 - 100 - 150pips (3046)


Safe and profitable trading

19 Mar

İşlem aktif

Gold price still has great increase in force, the H1 frame is forming an increase trend. The accumulated transaction around 3040-3030