Market Analysis for Today
Abstract：Gold price is rallying over 1% on Monday, snapping two days of losses as the Greenback gets battered due to safe-haven demand and falling United States (US) Treasury bond yields. Geopolitical tensions
Gold price is rallying over 1% on Monday, snapping two days of losses as the Greenback gets battered due to safe-haven demand and falling United States (US) Treasury bond yields. Geopolitical tensions and tariff threats by US President Donald Trump increased demand for the safety appeal of Bullion. XAU/USD trades at $2,888 at the time of writing.
Risk appetite deteriorated following the clash between US President Donald Trump and Ukrainian President Volodymir Zelenskyy last Friday. In the meantime, tariffs imposed on Mexico, Canada and China are expected to kick in on Tuesday
Gold opened at around 2892 and rose to around 2893 at the highest and around 2882 at the lowest before press time.Pay attention to the resistance of 2900-2910-2920 If it fails to break through, it will test 2870-2880-2890
WikiFX Broker
Latest News
Russian OTC Broker Accused in $4.7 Million Ransom Crypto Laundering Case
WikiFXMTRADING Regulation: Complete Guide to Its Licenses & High-Risk Warnings
WikiFXIs VCG Markets a Safe Bet? Unpacking Recent User Experiences
WikiFXONE ROYAL Review: Safety, Regulation & Forex Trading Details
WikiFXAha Group $35 Million Crypto Fraud Draws Harsh Jail Terms in South Korea
WikiFXFormer Airsoft CEO Faces Trial in Germany for Offering Tech to Forex Frauds
WikiFXIs Dbinvesting Regulation Safe? Complete Guide to Its Seychelles License and Company Information
WikiFXWeltrade Review 2026: FSCA Regulation, Revoked Licences, and High-Leverage Risk
WikiFXUK forecast to face weaker growth and higher inflation from Iran war
WikiFXGlobal forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
WikiFXRate Calc
