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XAUUSD Still Has BUY Potential: Holding at Support Area


XAUUSD Analysis

Tariff War Continues to Drive Safe-Haven Demand

Gold prices rose again on Friday following weaker-than-expected US Non-Farm Payrolls (NFP) data and escalating trade tensions between the US and China. These factors have prompted market participants to seek safe-haven assets, boosting demand for gold.

Holding at Support Area

On the H1 time frame, gold prices are currently holding at a strong support area. This level should be closely monitored for buy confirmation signals before entering a trade.

Prediction: STRONG XAUUSD

Trade Plan:

📌 BUY Zone: 2866.51 - 2853.43
📌 Stop Loss (SL): 2830.68
📌 Take Profit (TP) Targets:

  • TP1: 2888.36
  • TP2: 2917.94
  • TP3: 2948.15

👉 Stay cautious of fake breakouts and apply proper risk management!

Happy Trading! 

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