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Check the Opportunity to BUY XAUUSD: UP TRENDLINE Still VALID!

 

XAUUSD Analysis

Price Approaching All-Time High

The uncertainty surrounding U.S. economic policies under President Donald Trump’s leadership has driven Gold prices closer to their all-time high levels.

Still Moving Above the Up Trendline

On the M30 time frame, Gold prices remain above the up trendline. A correction to the trendline area presents an opportunity to look for confirmation of buy signals.

Prediction: STRONG XAUUSD

Trade Plan:

  • Buy Area: 2756.32 - 2746.83
  • Stop Loss (SL): 2730.99
  • Take Profit (TP):
    • TP1: 2768.51
    • TP2: 2788.69
    • TP3: 2808.89

Use proper risk management and wait for a clear confirmation signal within the buy area before entering the trade. Happy trading!

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