XAU/USD (Gold) Analysis – for the Future
Hi Trdaers
✅ Technical Context:
The monthly candle closed bullish, reinforcing the overall uptrend in gold. This paves the way for new record highs. The bullish momentum remains strong, with persistent buying pressure.
✅ Fundamental Perspective:
The U.S. plans to impose tariffs on gold imports, along with existing trade tariffs on Canada and Mexico. This will drive up global demand for gold. Based on this outlook, I see gold soon surpassing the $2,900 and $3,000 levels.
🎯 What’s the takeaway?
The trend is clear, and the path is open for gold to gain more value. You need to stay aware—I focus on fundamental analysis because it's crucial. So, pay attention, look for a gold pullback, and be patient for the best opportunities! 🚀
✅ Technical Context:
The monthly candle closed bullish, reinforcing the overall uptrend in gold. This paves the way for new record highs. The bullish momentum remains strong, with persistent buying pressure.
✅ Fundamental Perspective:
The U.S. plans to impose tariffs on gold imports, along with existing trade tariffs on Canada and Mexico. This will drive up global demand for gold. Based on this outlook, I see gold soon surpassing the $2,900 and $3,000 levels.
🎯 What’s the takeaway?
The trend is clear, and the path is open for gold to gain more value. You need to stay aware—I focus on fundamental analysis because it's crucial. So, pay attention, look for a gold pullback, and be patient for the best opportunities! 🚀
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.
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.