XAUUSD Analysis
Trump Issues New Tariff Threats
Gold prices continue their rally, reaching a new all-time high by breaking above the key $2,900 level. The surge is driven by increased safe-haven demand following new tariff threats from U.S. President Donald Trump, which have raised concerns about escalating trade wars.
Monitor the Support Area
The price remains in an uptrend. Keep an eye on the support area visible on the H1 timeframe to confirm buy signals if a retracement occurs.
Forecast: STRONG XAUUSD
Trade Plan:
📍 BUY AREA: 2916.36 - 2903.34
⛔ Stop Loss (SL): 2880.78
🎯 Take Profit Targets (TP):
- TP1: 2936.99
- TP2: 2968.04
- TP3: 2998.50
Keep monitoring price action and stay alert to any market developments. Happy trading! 🚀✨