XAUUSD Analysis
Gold Price Remains Stable
Gold prices are still moving steadily, supported by safe-haven demand amid uncertainty surrounding U.S. President Donald Trump’s import tariff plans, which could potentially increase inflation.
Resistance Still Holding
The price remains stuck at resistance seen on the H1 time frame, preventing further upside movement. As a result, the intraday bias remains bearish for now. Monitor this resistance level for sell signal confirmations.
Forecast: WEAK XAUUSD
Trade Plan:
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SELL AREA: 3015.60 – 3030.05
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STOP LOSS (SL): 3060.79
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TAKE PROFIT TARGETS:
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TP1: 2991.17
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TP2: 2953.15
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TP3: 2913.72
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