XAUUSD Still Has BUY Potential: Correction to Support Area ~ 90% Rebate Exness Everyday

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XAUUSD Still Has BUY Potential: Correction to Support Area

XAUUSD Analysis

Gold Corrects but Remains in an Uptrend

Gold prices corrected by more than 1% on Friday due to profit-taking, although the metal remains in a strengthening trend for the seventh consecutive week. The market remains concerned about a potential global trade war, especially after former U.S. President Donald Trump prepared a reciprocal tariff plan.

Correction to Support Area

Gold has corrected to a support area visible on the H1 timeframe. A buy signal confirmation can be sought in this support zone.

Prediction: STRONG XAUUSD

Trade Plan:

BUY AREA: 2885.65 - 2875.09
Stop Loss (SL): 2859.12
Take Profit (TP) Targets:
- TP1: 2899.94
- TP2: 2920.47
- TP3: 2942.38

Always apply proper risk management and stay alert for potential market volatility.

Happy Trading! 🚀

Algeria ● Angola ● Antigua and Barbuda ● Argentina ● Armenia ● Aruba ● Azerbaijan ● Bahrain ● Bangladesh ● Belize ● Benin ● Bhutan ● Bolivia ● Botswana ● Brazil ● Brunei ● Burkina Faso ● Burundi ● Cambodia ● Cameroon ● Cape Verde ● Chad ● Chile ● China ● Colombia ● Comoros ● Costa Rica ● Djibouti ● Dominica ● Dominican Republic ● East Timor ● Ecuador ● Egypt ● El Salvador ● Equatorial Guinea ● Eritrea ● Ethiopia ● Gabon ● Gambia ● Georgia ● Ghana ● Grenada ● Guatemala ● Guernsey ● Guinea ● GuineaBissau ● Guyana ● Honduras ● Hong Kong ● India ● Indonesia ● Isle of Man ● Jamaica ● Japan ● Jersey ● Jordan ● Kazakhstan ● Kenya ● Kuwait ● Kyrgyzstan ● Laos ● Lebanon ● Lesotho ● Liberia ● Libya ● Macau ● Madagascar ● Malawi ● Maldives ● Mauritania ● Mexico ● Moldova ● Mongolia ● Montenegro ● Montserrat ● Morocco ● Mozambique ● Namibia ● Nauru ● Nepal ● Niger ● Nigeria ● Oman ● Pakistan ● Panama ● Papua New Guinea ● Paraguay ● Peru ● Philippines ● Qatar ● Republic of the Congo ● Rwanda ● Saint Kitts and Nevis ● Saint Lucia ● Sao Tome and Principe ● Saudi Arabia ● Senegal ● Serbia ● Sierra Leone ● Solomon Islands ● South Africa ● Sri Lanka ● Suriname ● Swaziland ● Taiwan ● Tajikistan ● Tanzania ● Thailand ● Togo ● Tonga ● Trinidad and Tobago ● Tunisia ● Turkey ● Turkmenistan ● Uganda ● United Arab Emirates ● Uzbekistan ● Venezuela ● Vietnam ● Zambia ● Zimbabwe