📌 Driving Events
Gold prices rose for the third consecutive day and are expected to close higher this week. The trend turned in favor of gold buyers as tariff tensions intensified. US President Trump announced new tariffs, exacerbating concerns about a trade war.
📊Personal Comments:
Signs of instability in Trump's trade policy have once again hit investor confidence, reviving safe-haven demand for gold. In the absence of any top US economic data, the market will continue to focus on trade headlines. Weekend fund flows may also drive gold price movements.
⭐️Set Gold Price:
🔥Sell Gold Area: 3360-3369 SL 3374
TP1: $3355
TP2: $3342
TP3: $3325
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
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Related publications
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.