XAUUSD Continues to Seek BUY: UP TRENDLINE VALID on H1 Time Frame! ~ 90% Rebate Exness Everyday

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List of Countries with the Largest Exness Trading Volume in the World

Exness Vietname

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XM Philippines

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XAUUSD Continues to Seek BUY: UP TRENDLINE VALID on H1 Time Frame!

XAUUSD Analysis

Safe-Haven Demand Keeps Driving Gold Prices

Gold prices continue to strengthen, breaking above the weekly highs amid escalating tensions between Russia and Ukraine. With U.S.-backed Ukraine launching missile attacks on Russian territories, and Russia responding by preparing its nuclear weapons doctrine, geopolitical risks have further boosted gold's appeal as a safe haven.

Up Trendline Remains Valid

The price remains above an uptrend line on the H1 time frame. For intraday or short-term trading, look for buy signal confirmations if a correction brings the price near this trendline area.

Forecast: STRONG XAUUSD

Trade Plan

BUY AREA: 2669.51 - 2654.72
Stop Loss (SL): 2638.50
Take Profit Targets (TP):
- TP1: 2684.07
- TP2: 2706.77
- TP3: 2728.92

Use effective risk management and wait for signal confirmations before entering trades. Monitor geopolitical developments closely, as they can significantly influence market movements.

Happy Trading!