XAUUSD Still Has BUY Potential: Rebounding from Support Area ~ 90% Rebate Exness Everyday

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XAUUSD Still Has BUY Potential: Rebounding from Support Area

XAUUSD Analysis

Gold Remains Stable

Gold prices remain stable, supported by safe-haven demand amid concerns over a potential global trade war triggered by new tariffs imposed by U.S. President Donald Trump. The market is also digesting U.S. inflation data, which came in higher than expected.

Rebounding from Support Area

The price has rebounded from the support area. Keep monitoring the support zone on the H1 timeframe for buy confirmation signals in case of another retracement to that level.

Prediction: STRONG XAUUSD

Trade Plan:

📌 BUY AREA: 2888.52 - 2876.81

📌 Stop Loss (SL): 2853.52

📌 Take Profit (TP) Targets:

TP1: 2912.73
TP2: 2940.98
TP3: 2971.10

📢 Stay cautious of price fluctuations and ensure proper risk management.

🔥 Happy Trading! 🚀