XAUUSD Analysis
Trump Announces New Import Tariffs
U.S. President Donald Trump has announced new import tariffs on Canada, Mexico, and China. These three countries are expected to retaliate, potentially reigniting a trade war.
Correction Nearing the Up Trendline
A correction is approaching the up trendline area. Monitor this level for buy confirmation signals.
Prediction: STRONG XAUUSD
Trade Plan:
- BUY AREA: 2771.07 - 2760.87
- Stop Loss (SL): 2741.53
- Take Profit (TP):
- TP1: 2790.16
- TP2: 2812.59
- TP3: 2835.61
Keep an eye on price action and trendline validation for confirmation before entering a trade. Happy Trading!