XAU/USD rises above $3,350 as Trump rekindles trade tensions
Gold prices (XAU/USD) continued their rally to around $3,365 during the early Asian session on Monday. The precious metal strengthened slightly as traders shifted to traditional safe-haven assets after US President Donald Trump escalated the global trade war with a new wave of tariffs.
Recommendation:
Buy if the price breaks above $3,364
Sell if the price breaks below $3,350
Resistance 2: $3,378
Resistance 1: $3,371
Support 1: $3,343
Support 2: $3,336
Note: This article is intended for analytical purposes and is not intended as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.
Source: Newsmaker.id