XAU / USD trend forecast February 4, 2025, SCALPING
Gold price (XAU/USD) faces some selling pressure after an intraday rise near its record high, trading sideways as the European session approaches on Tuesday. However, any significant decline remains limited due to ongoing concerns over the economic impact of US President Donald Trump's trade tariffs, which continue to support demand for the safe-haven metal. Additionally, expectations that Trump's protectionist policies could drive US inflation higher may further enhance gold's appeal as a hedge against rising prices.
long term framework, price increase is continuing, TRUMP tax policy is still tense, safe investment assets are more preferred such as: gold or dollar
/// BUY XAU : zone 2808-2805
SL: 2802
TP: 50 - 80 - 150pips (2820 )
Safe and profitable trading