XAUUSD Analysis
Market Awaits Trump's Next Moves
Gold prices have risen due to increased safe-haven demand amid uncertainties surrounding trade policies by U.S. President Donald Trump. A weakening dollar has also contributed to the strengthening of gold prices.
Resistance Broken
The price has broken above resistance as seen on the H1 time frame and continues its uptrend, which is also evident on the M30 time frame.
Prediction: STRONG XAUUSD
Trade Plan
- BUY AREA: 2737.86 - 2727.27
- Stop Loss (SL): 2713.09
- Take Profit (TP):
- TP1: 2752.12
- TP2: 2770.01
- TP3: 2791.45
Always use proper risk management and monitor market conditions for any significant changes. Good luck with your trading!