Long

Trump and Powell's "power showdown" ignites global risk aversion

📌 Driving events
On Tuesday (April 22), gold prices soared and set a new record high. Spot gold once hit the $3,500 mark, an increase of about 2.2%. US President Trump criticized Federal Reserve Chairman Powell for worrying the market, suppressing risk appetite and pushing investors to turn to safe-haven gold. After hitting the 3,500 mark, the price of gold fell slightly. Spot gold is currently trading at nearly $3,478.55 per ounce.

📊Comment analysis

KCM Trade Chief Market Analyst Tim Waterer pointed out that under the double blow of tariff concerns and the Trump-Powell farce, investors are fleeing US assets across the board. The continued weakness of the US dollar has created an excellent opportunity for gold to rise.

On Monday, Trump made a tough statement, asking the Federal Reserve to "cut interest rates immediately" otherwise the US economy will face the risk of slowing down. Powell insisted last week that interest rates should not be easily adjusted until the impact of Trump's tariff policy on inflation becomes clear.
💰Strategy Package

Long position:

Actively participate near 3430, with profit target above 3500 points

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

- Choose the number of lots that matches your funds

- Profit is 4-7% of the fund account

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

Labaron

"The Golden Key to Financial Freedom" welcome to join the free channel
t.me/+alDpuIRD9vU4MWQx

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Gold is rising step by step, and the 3500 mark is in danger

by Labaron

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Labaron

"The Golden Key to Financial Freedom" welcome to join the free channel
t.me/+alDpuIRD9vU4MWQx