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XAUUSD Continues Seeking BUY Opportunities, UP TRENDLINE STILL VALID!

 

XAUUSD Analysis

Trump Announces New Import Tariffs

U.S. President Donald Trump has announced new import tariffs on Canada, Mexico, and China. These three countries are expected to retaliate, potentially reigniting a trade war.

Correction Nearing the Up Trendline

A correction is approaching the up trendline area. Monitor this level for buy confirmation signals.

Prediction: STRONG XAUUSD

Trade Plan:

  • BUY AREA: 2771.07 - 2760.87
  • Stop Loss (SL): 2741.53
  • Take Profit (TP):
    • TP1: 2790.16
    • TP2: 2812.59
    • TP3: 2835.61

Keep an eye on price action and trendline validation for confirmation before entering a trade. Happy Trading!

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