ATH XAU - gold growth is good above 2800

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XAU / USD trend forecast February 4, 2025

Gold prices surged to a record high on Monday after the US announced initial tariffs on Canada, Mexico, and China, boosting demand for the metal’s safe-haven appeal. As of now, XAU/USD is trading at $2,821, up 0.87% from its opening price.

Despite an improved market sentiment, gold continues to hold onto its previous gains. Since US President Donald Trump took office, tariffs have played a key role in driving market movements. The US Dollar started the week strong after implementing 25% tariffs on two major trading partners and a 10% tariff on China.

Gold still has great growth momentum as USD and gold become current safe investments.

/// SELL XAU : zone 2847-2850

SL: 2855

TP: 50 - 150 - 300pips (2820)


Safe and profitable trading

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Transaction en cours

Gold price is moving accurately the trend of increasing, currently trading on the area 2820

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Trade fermée: cible de profit atteinte

Exactly trend , miss 15 pips entry SELL PLAN DAY 2847-2850. Unlucky