XAUUSD Still Seeking BUY Opportunities: Correction Held at Support Area ~ 90% Rebate Exness Everyday

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XAUUSD Still Seeking BUY Opportunities: Correction Held at Support Area

XAUUSD Analysis

Central Banks Buying Gold for Protection

Gold prices have surged above $3,000 per troy ounce as import tariffs imposed by President Donald Trump on key U.S. trading partners have triggered uncertainty in financial markets. Additionally, central banks have been purchasing gold as a safe-haven asset, seeking protection from rising geopolitical risks.

Correction Held at Support

The price correction has stalled at the support area, as seen on the H1 time frame. A buy signal confirmation can be sought within this support zone.

Market Outlook: STRONG XAUUSD

Trade Plan

BUY AREA: 2986.49 – 2978.91
Stop Loss (SL): 2967.89
Take Profit Targets (TPs):
- TP1: 2997.13
- TP2: 3012.00
- TP3: 3026.84

Stay cautious and apply proper risk management while trading. 🚀

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