Check Again the BUY Opportunity for XAUUSD: Uptrend Continues, Watch the Up Trendline Area ~ 90% Rebate Exness Everyday

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Check Again the BUY Opportunity for XAUUSD: Uptrend Continues, Watch the Up Trendline Area

XAUUSD Analysis

Gold Hits Another All-Time High

Gold continues to reach new all-time highs, driven by several factors, including increased demand for safe-haven assets amidst uncertainty over the U.S. presidential elections, the ongoing war in the Middle East, and expectations of further interest rate cuts by central banks.

Uptrend Continues

The price of gold is still in an uptrend and is moving above the uptrend line, as seen in the H1 time frame. A buy opportunity can be sought if a correction occurs towards this uptrend line area.

Prediction: STRONG XAUUSD

Trade Plan:

BUY AREA: 2733.41 - 2720.73
Stop Loss (SL): 2709.11
Take Profit (TP1): 2744.27
Take Profit (TP2): 2762.30
Take Profit (TP3): 2781.15