Gold reached a record high above USD 2,940 but has not maintained that peak. Currently, the precious metal faces a quick decline of $30, prompting traders to assess whether this drop signifies a broader trend or a temporary fluctuation. The article underscores the volatility in gold prices following significant geopolitical influences, particularly tariffs linked to US-China trade relations. Investors should be prepared for increased market movements and consider both risks and opportunities when trading gold. Understanding market sentiment and economic news will be key to navigating these changes.