Gold started the week strong, but during New York trading hours, it turned downward after President Trump mentioned that a summit with President Putin would begin soon. As efforts to end the war in Ukraine increase, geopolitical risks have lessened.
However, the future remains unclear, so this drop may be temporary. Due to global changes like the Trump administration’s tariff issues, selling pressure may appear, making it wise to be cautious about chasing higher prices in the short term.
Gold-Dollar Forecast Range: 2956 – 2937
Note: This information does not guarantee profits. Make your own decisions when trading.