Gold (XAU/USD) has stabilized above $2,900, as traders remain watchful for potential Fed rate cuts against a backdrop of ongoing trade uncertainties. Investors are increasingly questioning if XAU/USD can break through the resistance level set at $2,930, potentially leading to a bullish rally.

Market participants should observe upcoming economic indicators, as they will provide essential insight into futures for both gold and overall market sentiment. The next price movements will be closely tied to these economic metrics.