The Gold price (XAU/USD) is seeing increased selling pressure, currently attracting sellers near $3,275 during the early Asian session. The pullback is largely attributed to a strengthening US Dollar, as optimism surrounding US-China trade discussions in Geneva, Switzerland, drags the precious metal lower.

The sentiment demonstrates traders’ preference for riskier assets as trade tensions appear to ease. As the situation develops, Gold will be closely watched to see if further declines occur or if a reversal takes place.