XAUUSD Analysis
Trump’s Policy Uncertainty Keeps Dollar Volatile
Uncertainty surrounding tariff policies ahead of Trump’s inauguration on January 20 has raised concerns about the future of U.S. economic measures. This uncertainty has kept gold prices stable.
Monitor the Support Area
The price remains above the support area observed on the H1 time frame. Buy signals can still be sought if a correction back to this support area occurs.
Forecast: 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
Keep monitoring the market dynamics and adjust your plan accordingly. Happy trading!