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XAUUSD Still Has BUY Potential: Bullish Flag Pattern Visible

 


XAUUSD Analysis

Tariff War Continues to Drive Safe-Haven Demand

Gold prices continue to hit record highs as market participants flock to safe-haven assets amid growing concerns over the US-China trade war and its potential impact on global economic growth.

Bullish Flag Pattern Visible

A bullish flag pattern is forming on the H1 timeframe. Watch the upper line of this pattern for confirmation of a buy signal.

Prediction: STRONG XAUUSD

Trade Plan:

  • BUY AREA: 2866.51 - 2853.43
  • SL: 2830.68
  • TP1: 2888.36
  • TP2: 2917.94
  • TP3: 2948.15
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