XAU Scalping - Bullish price - looking for new ATH, 5 Feb

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XAU / USD trend forecast February 5, 2025, SCALPING

Gold prices (XAU/USD) keep climbing during the Asian session on Wednesday, reaching a new all-time high around the $2,858 mark in the past hour. Persistent concerns over the economic impact of US President Donald Trump's trade tariffs continue to fuel demand for the safe-haven metal. Additionally, growing expectations that the Federal Reserve (Fed) will sustain its easing cycle—reinforced by indications of a slowdown in the US labor market—further support the appeal of the non-yielding yellow metal.

Market sentiment is very fomo, big increase, will find new ATH today 2878

/// BUY XAU : zone 2840-2843

SL: 2837

TP: 50 - 80 - 150pips (2855 )


Safe and profitable trading

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تم فتح الصفقة

Increase trend - Price is trading around the area 2870

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أغلقت الصفقة: تم الوصول للهدف

Gold creates ATH continues, accurately increasing the trend