Gold Alert: Short-Term Drop Ahead?🔴Trump’s Tariffs Eased, but U.S. Recession Risk Doubles!
Although President Trump has temporarily de-escalated trade tensions—helping U.S. stocks rebound—the risk of a U.S. recession in the next 12 months has doubled, according to a survey by the Philadelphia Fed, rising from 15.4% to 37%.
Experts warn that prolonged uncertainty from the trade war is making businesses and consumers more cautious, increasing the risks of slower growth and rising unemployment.
The U.S. GDP growth forecast for 2025 has been revised down to just 1.4%, the lowest in 16 years (excluding the pandemic). Meanwhile, public sentiment has slightly improved, thanks to signs of a temporary easing from the Trump administration.
⚠️ Gold price has recovered in the European session, returning to the old peak area, trading sideways around 3250. Bearish pressure continues to build. This is a signal traders need to watch closely.
💡 Short-Term Trade Scenarios:
SELL XAU: zone 3248-3251 scalping
💰 TP: 50 - 100 - 200 pis
🚨 SL: 3254
