Prepare to Look for BUY Opportunities on XAUUSD: Testing Resistance Area ~ 90% Rebate Exness Everyday

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Prepare to Look for BUY Opportunities on XAUUSD: Testing Resistance Area

XAUUSD Analysis

Market Awaits Trump's Policies

Gold prices have risen again as the market awaits clarity on upcoming policies from Donald Trump’s administration, which may provide further guidance on the Federal Reserve's interest rate direction.

Approaching Resistance Area

The price has broken above a minor corrective trendline observed on the H1 time frame, approaching the resistance area. A breakout above this resistance area has the potential to trigger a rally.

Prediction: STRONG XAUUSD

Trade Plan

BUY AREA: 2720.76 - 2729.22
STOP LOSS (SL): 2700.52
TAKE PROFIT (TP):
- TP1: 2749.51
- TP2: 2773.83
- TP3: 2797.89

Always apply proper risk management and monitor market conditions for potential fakeouts. Good luck trading!