XAU#5: Next trading plan for XAU

💎 💎 💎 Plan#4 XAUUSD above helps you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In the previous post. I noted to everyone that the price is in the support area and we can look for opportunities to establish a position. Currently, the price is running according to plan. I have summarized the things to pay attention to in the article below:

1️⃣ **Fundamental analysis:**

📊 The US dollar continues to fall after Trump's inauguration speech. A series of executive orders were signed. Highlights: Trump threatens to impose 25% tariffs on Mexico and Canada, gold rises near two-month high
🔴 Limited expectations: Some officials have emphasized that any tariffs will be implemented "in a controlled manner," but Trump's new statement has increased uncertainty.
📌 The market is in a state of fear due to Trump's decisions, which has been the main driver of gold's increase in recent times.

2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend continues to be promoted. Yesterday ended with a pinbar, so today's price push is also suitable from a technical perspective. The price approached the resistance zone but the reaction was weak. Therefore, the possibility of prices continuing to increase in the near future is high
🔹 **Frame H4:** The key zone has been broken in the H4 frame. The price continuously tested support to break higher, showing stability in market sentiment. There are no signs of a trend reversal yet.
🔹 **H1 frame:** The price structure is very clear. Although it is in the trendline area, the reaction is insignificant. The strong increase in the Asian session brings many possibilities of a sudden change in the US session and expanding the price channel.
3️⃣ **Trading plan:**

⛔ Absolutely do not block SELL in this area. Going against the trend when the news and the price line are supporting each other can lead to large losses and make trading psychology unstable
🚀If you already have a BUY position in the support area I marked yesterday, we can completely expect a higher profit. If you do not have one, you can refer to the yellow arrow plan.

💪 **Wishing you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free