Gold price (XAU/USD) sticks to its modest intraday gains above the $3,250 level through the Asian session on Monday, though it lacks strong follow-through buying or a bullish conviction. Against the backdrop of the protracted Russia-Ukraine war, an escalation of the Middle East conflict keeps the geopolitical risk in play. Furthermore, the uncertainty over US President Donald Trump's tariff plans weighs on investors' sentiment and benefits the traditional safe-haven precious metal.
Meanwhile, heightened economic uncertainty on the back of Trump's tariffs fails to assist the US Dollar (USD) to capitalize on the upbeat US monthly jobs report-inspired bounce. Apart from this, bets for an imminent start of the Federal Reserve's (Fed) rate-cutting cycle lend additional support to the non-yielding Gold price. Traders, however, seem reluctant to place aggressive bets and opt to move to the sidelines ahead of a two-day FOMC policy meeting starting on Tuesday.
Meanwhile, heightened economic uncertainty on the back of Trump's tariffs fails to assist the US Dollar (USD) to capitalize on the upbeat US monthly jobs report-inspired bounce. Apart from this, bets for an imminent start of the Federal Reserve's (Fed) rate-cutting cycle lend additional support to the non-yielding Gold price. Traders, however, seem reluctant to place aggressive bets and opt to move to the sidelines ahead of a two-day FOMC policy meeting starting on Tuesday.
t.me/WORLDGOLDEMASTER
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
Disclaimer
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t.me/WORLDGOLDEMASTER
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
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.