XAUUSD Analysis
Price Approaching All-Time High
The uncertainty surrounding U.S. economic policies under President Donald Trump’s leadership has driven Gold prices closer to their all-time high levels.
Still Moving Above the Up Trendline
On the M30 time frame, Gold prices remain above the up trendline. A correction to the trendline area presents an opportunity to look for confirmation of buy signals.
Prediction: STRONG XAUUSD
Trade Plan:
- Buy Area: 2756.32 - 2746.83
- Stop Loss (SL): 2730.99
- Take Profit (TP):
- TP1: 2768.51
- TP2: 2788.69
- TP3: 2808.89
Use proper risk management and wait for a clear confirmation signal within the buy area before entering the trade. Happy trading!