Gold prices (XAU/USD) continue to correct, dropping nearly 1% to $3,333 as traders adjust to improving risk sentiment. This downturn coincides with expectations of a major trade deal announcement between the United States and the United Kingdom. According to sources, President Donald Trump will hold a press conference today at 14:00 GMT in Washington to reveal the agreement. Analysts in the UK confirmed that an official announcement is on the way, contributing to the market’s shift. As optimism builds, gold shows signs of weakness amid increasing confidence in riskier assets. Traders should keep an eye on this significant news event that could shift market dynamics.