Daily Gold Trading Signals (XAU/USD) 11/02/2025

Morning Analysis: 

Daily gold trading signals: On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term. Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday. Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today. Link

Trend	Bullish
Buy Zone	2898
Sell Zone	2954
Resistance	2935 to 2945 to 2955
Support	2900 to 2905 to 2915
Performance of Day’s Signal	Bullish (H1-H4)
Insights for Tomorrow	Bullish

– Key News Impact:

– Signal:

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