⚡️ Gold prices remain steady above $3,000 on Thursday as investors await key US inflation data. The upcoming Personal Consumption Expenditures (PCE) report will provide clues on the Federal Reserve’s next moves, influencing gold’s direction.
⚡️ Meanwhile, President Donald Trump’s one-month tariff exemption on auto parts has eased immediate market fears, weakening the US Dollar and supporting gold. However, new tariff threats on copper imports and ongoing economic concerns continue to drive safe-haven demand.
⚡️ With traders closely watching inflation risks and Fed policy signals, gold remains at a critical juncture. A break above $3,058 could signal fresh record highs, while stronger Fed hawkishness may limit gains. The next move depends on Friday’s data.
Current Market Analysis & Trading Plan
The price is currently trending upwards. We will wait for the market to test the 3033 - 3038 resistance zone.
- If the price fails to break through and starts to pull back, we will execute Sell strategies for gold.
- If strong buying pressure pushes the price above our resistance zone, the Buy Breakout strategy will be activated.
We always have a clear strategy—just observe and act when a good opportunity arises.
⚡️ Meanwhile, President Donald Trump’s one-month tariff exemption on auto parts has eased immediate market fears, weakening the US Dollar and supporting gold. However, new tariff threats on copper imports and ongoing economic concerns continue to drive safe-haven demand.
⚡️ With traders closely watching inflation risks and Fed policy signals, gold remains at a critical juncture. A break above $3,058 could signal fresh record highs, while stronger Fed hawkishness may limit gains. The next move depends on Friday’s data.
Current Market Analysis & Trading Plan
The price is currently trending upwards. We will wait for the market to test the 3033 - 3038 resistance zone.
- If the price fails to break through and starts to pull back, we will execute Sell strategies for gold.
- If strong buying pressure pushes the price above our resistance zone, the Buy Breakout strategy will be activated.
We always have a clear strategy—just observe and act when a good opportunity arises.
Trade active
Trade closed: target reached
target 1 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.