Gold Price Under Pressure: Key Levels to Watch Amid Trade Risks
Currently, gold prices remain below the crucial resistance level of $3392.31. Traders are closely watching for pullback opportunities, as upcoming non-farm payroll data and Federal Reserve indications may dictate the next moves for XAU/USD. The pressures from U.S.-China trade risks are becoming increasingly significant. For investors, understanding these dynamics is vital for navigating the gold market effectively. Staying updated on economic indicators and global events will provide critical insights into gold’s performance in the near term.