XAUUSD Buy Setup: Bearish Trendline Breakout ~ 90% Rebate Exness Everyday

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XAUUSD Buy Setup: Bearish Trendline Breakout

XAUUSD Analysis

U.S.–China Tariff War Heats Up

Gold surged over 2% on Wednesday, supported by increased demand for safe-haven assets amid rising tensions in the U.S.–China trade war. The move came after President Donald Trump ramped up tariffs on Chinese imports, escalating the trade conflict further.

Bearish Trendline Breakout

A bearish trendline visible on the M30 timeframe has been broken, signaling a shift in intraday bias to bullish. Traders are advised to monitor the support area for confirmation of buy signals.

Outlook: STRONG BULLISH on XAUUSD

🧭 Trade Plan

Buy Area: 3064.22 – 3038.93
Stop Loss: 2991.32
Take Profit Targets:
- TP1: 3111.92
- TP2: 3173.52
- TP3: 3231.16

Always apply proper risk management and be aware of potential market volatility driven by geopolitical headlines.