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Home » » HOT BUY Opportunity for XAUUSD! SYMMETRICAL TRIANGLE Pattern Spotted!

HOT BUY Opportunity for XAUUSD! SYMMETRICAL TRIANGLE Pattern Spotted!

XAUUSD Analysis

US Presidential Election Still Influencing the Market

Gold prices are once again nearing all-time highs, fueled by uncertainties surrounding the U.S. presidential election. Additionally, the market awaits crucial data to help predict the Federal Reserve’s interest rate direction.

Symmetrical Triangle Pattern

Gold appears to be testing the uptrend line area, as seen on the H1 timeframe. Buying opportunities can be found near this uptrend line.

Forecast: STRONG XAUUSD

Trade Plan:

  • BUY AREA: 2749.54 - 2739.20
  • SL: 2722.46
  • TP1: 2766.38
  • TP2: 2788.16
  • TP3: 2809.66
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