04 to 10 April 2025: $3169-2969-3169: Who Projected XAUUSD Spot Gold Price target in April 2025 before NFP?
04 April 2025: NFP Data week :
Will XAUUSD breach $3232 or $3030 before 14 April 2025?
🔻PULLBACK on the card:
Gold price could witness another pullback in the sessions ahead if traders adjust their long positions in anticipation of Trump’s ‘Liberation Day’ on April 2.
Crucial Price Zones:
SZ 🔺$3169/3185/3202/3232
BZ 🔻$3085/3069/3030/3003
Verify here:
$2969 as BUYING ZONE PROJECTED before NFP DATA.
Verify here.
WHY XAUUSD recovered from $2969 to $3169:
As explained in advance: Verify here.Gold (XAU/USD) recovers from a three-day losing streak that took prices to a four-week low. This rebound follows increased demand for safe-haven assets as investors grow more concerned about global economic uncertainty. US President Donald Trump’s newly imposed tariffs have ignited fears of a full-blown global trade war. Fearing economic fallout, investors have turned to safe-haven assets like gold for protection.
At the same time, expectations of multiple interest rate cuts by the US Federal Reserve in 2025 have weakened the US Dollar, further boosting gold’s appeal.
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