A key support line, which has consistently triggered reversals in gold since March 2024, is once again within reach. With gold prices currently hovering near this critical level, a rebound is likely.
Market Analysis:
- Geopolitical tensions and trade war fears are supporting gold prices.
- Hawkish Fed outlook is capping gains.
Trading Strategy:
Signal: BUY GOLD (XAU/USD)
Buy Zone: $2600-$2615
Stop Loss: $2590
TP1: $2635
TP2: $2655
TP3: $2675
TP4: $2700
Market Analysis:
- Geopolitical tensions and trade war fears are supporting gold prices.
- Hawkish Fed outlook is capping gains.
Trading Strategy:
Signal: BUY GOLD (XAU/USD)
Buy Zone: $2600-$2615
Stop Loss: $2590
TP1: $2635
TP2: $2655
TP3: $2675
TP4: $2700
交易結束：目標達成
Take Profit 2 Done.
Running profit 450+ Pips.
It may reverse down here for waterfall close your buy trades at this point.
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