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Market Analysis for Today
Abstract：Amidst the escalating trade war and a mixed US employment report, gold resumed its upward trend on Friday, trading at $2,862 with a 0.24% increase.US President Donald Trump plans to announce tariffs o
Amidst the escalating trade war and a mixed US employment report, gold resumed its upward trend on Friday, trading at $2,862 with a 0.24% increase.
US President Donald Trump plans to announce tariffs on many countries this week, providing a lifeline for gold traders as gold tends to rise amid such announcements. Consequently, weekend tensions may enhance gold's appeal as a safe haven.
Gold opened at around 2856 and rose to around 2870 at the highest and around 2853 at the lowest before press time.Pay attention to the resistance of 2880-2890-2900 If it fails to break through, it will test 2840-2830-2820
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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