XAU Scalping - 12 Mar, downtrend trendline H1

12 Mar

XAU / USD trend forecast March 12, 2025, SCALPING

⚠️Gold price (XAU/USD) continues to trade in a narrow range near its weekly high during the early European session on Wednesday, as investors stay cautious ahead of the release of US inflation data. The upcoming US Consumer Price Index (CPI) report is expected to offer new insights into the Federal Reserve's (Fed) potential rate-cut trajectory, which could influence demand for the US Dollar (USD) and set a clearer direction for the non-yielding precious metal.

⚠️ Gold price has a short decline in H1 frame following the trendline

🚨/// SELL XAU : zone 2913-2916

SL: 2919

TP: 50 - 100 - 150pips (2901)


Safe and profitable trading

12 Mar

İşlem aktif

Gold price is mainly sideway around 2900 -2925.

12 Mar

İşlem kapandı: hedefe ulaştı

The recovery, gold price break from the important 2930 area. Towards the old Ath