Gold price continues to move in an uptrend line, waiting for ATH

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XAU / USD trend forecast APRIL 11, 2025

⚠️Gold prices (XAU/USD) remain steady near record highs, hovering around $3,220 during early European trading on Friday. The continued decline in the US Dollar (USD), coupled with intensifying trade tensions between the United States and China, supports the safe-haven demand for gold.

According to data released Thursday by the US Bureau of Labor Statistics (BLS), US consumer prices unexpectedly declined in March. However, inflation risks remain skewed to the upside after President Donald Trump reinforced tariffs on Chinese imports. Annual CPI inflation in the US dropped to 2.4% in March from 2.8% in February, falling short of the market forecast of 2.6%.

⚠️ Gold price decreased, adjusted to gain liquidity at 3185, then continued to increase strongly according to the trend line. Stronger buying power will continue to create new ATH.

🚨/// SELL XAU : zone 3245-3248

SL: 3251

TP: 50 - 100 - 300pips ( 3218 )


Safe and profitable trading

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Giao dịch đang hoạt động

The new ATH is set 3237, will wait for the upcoming price fluctuations in the US session