🔹 Market Outlook: Amid ongoing economic tensions and a brewing trade war, gold remains a safe-haven asset, pushing prices to new historic highs.
🔹 Technical Analysis:
📈 Elliott Wave Theory suggests a bullish continuation, with Gold expected to reach $3,096.
📊 Price is moving from $3,065 to $3,070, with key upside targets at $3,085 & $3,096.
🎯 Trading Plan:
✅ Buy on dips: Entries between $3,065 - $3,070
✅ Take Profits: $3,085 & $3,096
✅ Stop Loss: Below $3,060
✅ Risk Management: Use trailing stops to lock in profits.
📢 Stay sharp! Volatility is high – trade wisely! 🚀✨
Trade active
🚀 XAUUSD Update: Gold hit our $3,085 target! Bullish momentum continues, eyeing $3,096 next. Support at $3,070, buy on dips. Stay sharp! ⚡💰
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.