XAU / USD trend forecast February 14, 2025
⚠️ Gold advanced during Thursday’s North American session, bolstered by a slightly higher-than-anticipated Producer Price Index (PPI) reading. Additionally, escalating concerns over US President Donald Trump's tariff threats further enhanced the allure of the precious metal, which hovers around $2,925—just shy of its record peak of $2,942, set on February 11.
As of the latest update, President Trump has officially signed the reciprocal tariff order, declaring, "Whatever they charge us, we will charge them." He emphasized that no tariffs would apply to goods produced domestically and hinted at impending tariffs on automobiles, alongside those already imposed on steel and aluminum.
⚠️ Good recovery around 2930, gold continues on the path to conquer new ATH above 2944
🚨/// SELL XAU : zone 2941-2944 SCALPING
SL: 2947
TP: 50 - 70 - 150pips (2929)
🚨/// SELL XAU : zone 2957-2960
SL: 2965
TP: 50 - 150 - 300pips (2930)
Safe and profitable trading