XAU/USD – Buy Signal After Weekend Geopolitical Developments
Following Monday's volatile price action, we’re entering a Buy position on Gold at 3254.50, with targets set at 3257.50, 3264.50, and 3278.50. Stop Loss is placed at 3233.50.
The setup comes after important developments over the weekend: Chinese President Xi Jinping and U.S. President Donald Trump held diplomatic meetings in Switzerland, aiming to ease economic tensions.
We are trading the momentum and potential continuation of this risk-off sentiment.
Following Monday's volatile price action, we’re entering a Buy position on Gold at 3254.50, with targets set at 3257.50, 3264.50, and 3278.50. Stop Loss is placed at 3233.50.
The setup comes after important developments over the weekend: Chinese President Xi Jinping and U.S. President Donald Trump held diplomatic meetings in Switzerland, aiming to ease economic tensions.
We are trading the momentum and potential continuation of this risk-off sentiment.
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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.