Gold Prices Under Pressure After Trump’s Trade and Fed Comments
Gold prices (XAU/USD) are under significant pressure as profit-taking kicks in, pushing the market toward $3300. This comes after comments from President Trump, who shifted his stance on China and the Federal Reserve. Investors should consider how such changes in sentiment could impact gold in the near term. Staying aware of political developments is crucial for those engaged in precious metals trading, as they can lead to rapid market shifts.