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Home » » Get Ready, Still a Chance to Target BUY XAUUSD: Held at SUPPORT Area

Get Ready, Still a Chance to Target BUY XAUUSD: Held at SUPPORT Area

 


XAUUSD Analysis

Trump Policy Uncertainty Makes the Dollar Volatile

The US Dollar experienced significant fluctuations following several conflicting reports about how aggressive the import tariffs planned by President-elect Donald Trump will be once he takes office. This uncertainty triggered wide swings in the Dollar Index overnight.

Held at Support Area

The price remains supported at a key level visible on the H1 timeframe. A confirmation of a buy signal can still be sought within this support area.

Prediction: STRONG XAUUSD

Trade Plan:

  • BUY AREA: 2638.53 - 2630.92
  • Stop Loss (SL): 2611.95
  • Take Profit (TP):
    • TP1: 2657.52
    • TP2: 2679.49
    • TP3: 2701.66
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