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XAUUSD Still Looking for SELL: Moving in the Resistance Area

 


XAUUSD Analysis

Gold Prices Remain Stable

Gold prices are still stable, supported by safe-haven demand amid uncertainty over U.S. President Donald Trump's import tariff plans, which could potentially increase inflation. Concerns over the Trump administration’s new tariffs keep prices above the $3,000 per ounce level.

Still Held at Resistance

The price is currently held at resistance, as seen on the H1 timeframe. The intraday bias remains bearish for now. Monitor this resistance level for confirmation of a sell signal.

Prediction: WEAK XAUUSD

Trade Plan:

  • SELL AREA: 3015.60 - 3030.05

  • SL: 3060.79

  • TP1: 2991.17

  • TP2: 2953.15

  • TP3: 2913.72

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