XAUUSD Still Seeking BUY: Price Continues to Hit All-Time Highs! ~ 90% Rebate Exness Everyday

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XAUUSD Still Seeking BUY: Price Continues to Hit All-Time Highs!

XAUUSD Analysis

Gold Hits All-Time High Again
Gold prices have once again reached a new all-time high amid the uncertainty surrounding the U.S. presidential election, the potential for war in the Middle East, which increases the demand for safe-haven assets, and the possibility of an interest rate cut by the Fed next month.

Monitor the Up Trendline Area
Gold prices continue their uptrend and are moving above the uptrend line as seen on the H1 time frame. Buying opportunities can be considered if there is a correction back to the uptrend line area.

Prediction: STRONG XAUUSD

Trade Plan:

Buy Area : 2695.39 - 2683.95
Stop Loss : 2671.61
Take Profit 1 : 2705.70
Take Profit 2 : 2724.33
Take Profit 3 : 2743.04