Gold price touched trendline 2885 and bounced back

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XAU / USD trend forecast February 18, 2025

⚠️Gold prices advanced on Monday during the North American session, rising by 0.56% in a low-liquidity environment as US markets remained closed in observance of Presidents’ Day. The XAU/USD pair climbed to $2,898 after briefly dipping to an intraday low of $2,878.

Despite recording its steepest single-day decline since December 18 last Friday, the overall outlook for the precious metal remains optimistic. Ongoing geopolitical uncertainties and US trade measures designed to reduce the deficit continue to bolster gold’s appeal as a safe-haven asset.

⚠️Long term frame is still in uptrend, touch 2885 and increase again, accumulate around 2900

🚨/// BUY XAU : zone 2886-2883

SL: 2878

TP: 50 - 100 - 300pips (2913)


🚨/// SELL XAU : zone 2914-2917

SL: 2922

TP: 50 - 150 - 300pips (2887)


Safe and profitable trading

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تم فتح الصفقة

+ 55 pips , signal SELL 2914-2917 , GREAT