Gold prices remain strong as tariffs heat up again

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Hey everyone, let's comment on the gold price next week from May 26, 2025 to May 30, 2025,

📌 Driving Events
Gold prices resumed their upward momentum on Friday, surging nearly 2% on the day and up more than 5% for the week as the dollar weakened amid renewed trade tensions. Gold prices rebounded from an intraday low of $3,287 to $3,359 as escalating rhetoric from Washington fueled investor demand for safe-haven assets.

U.S. President Donald Trump has intensified the trade standoff with the European Union, declaring that negotiations are "going nowhere" and threatening to impose a 50% tariff on EU imports from June 1. For months, Fed policymakers have made it clear that they want more clarity on the response from fiscal and trade policies and the economy before taking further action on interest rates. Over the past month, this cautious stance has prompted traders to withdraw their bets on a rate cut in the June meeting, and the market now expects the policy pause to continue until the July meeting. However, futures market positions show that the probability of a rate cut before the end of September is still slightly above 50%. This is essentially a bet that the situation will become clearer in the next four months: either slowing inflation paves the way for policy easing, or the economic deterioration forces the Fed to increase stimulus.

📊Comment Analysis
Tariff news has begun to heat up again, and the United States and the rest of the world have not yet reached a consensus on negotiations, and gold prices have benefited from this rise. The big time frame shows that the price is breaking out and continuing the upward trend

Technical:
Based on the resistance and support levels of gold on the 4-hour chart, Labaron has identified the following important key areas:

Resistance: $3412, $3436
Support: $3315, $3280, $3245

⭐️ Note: Labaron hopes that traders can properly manage their funds

- Choose a lot size that matches your funds

- Profit is 4-7% of the capital account

- Stop loss is 1-3% of the capital account

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