Gold breaks the highest time when market moods change acidic to American commercial uncertainty

Featured in:
abcd

  • Gold goes fresh in history among the speculation of the Trump tariff from April 2 can be directed to all trading partners.
  • Goldman raises the chances of recession in the US to 35%, when the mood is deteriorating and Washington tolerance to snail-paced down.
  • DXY and performance are growing, but they do not succumb to the Gold rally, because protected flows dominate the US key data.

Gold prints another record height on Monday, for the first time crossing the $ 1,400 threshold and expands its profits to the highest level of USD 3127 before it represses a bit. The uncertainty surrounding the American trade policy and the liberation day on April 2 continues, and investors change the risk and approach the protected cancellation of yellow metal. At the time of writing, Xau/USD trades in USD 3,119, by more than 1%.

Appetite at risk deteriorates when traders are waiting for additional tariffs on Wednesday. Goldman Sachs revealed that the chances of recession in the United States (USA) increased from 20% to 35%, mainly due to business pessimism and household about the perspective, as well as tolerance of Washington Washington deeper economic slowdown.

sadasda

Trump’s comments on Sunday at Air Force One increased the chances that the tariffs may be common instead of 10 or 15 revealed by the Secretary of the US Treasury Scott Bessent. “Who told you 10 or 15? Maybe you heard it, but you didn’t hear it from me,” said the president. “You start with all countries. So let’s see what will happen.”

Therefore, the prices of ores exploded, although the profitability of tax bonds in the US regained a certain basis, especially the coupon of a 10-year-old Note. The American dollar index (DXY), which tracks the value of the zloty in relation to the bin of six currencies, climbs from 0.24% to 104.25.

Chicago PMI has improved on the front of the data, despite remaining in the systolic territory by sixteenth in a row. This week, the American economic document will be the PMI production and ISM services, as well as the number of non -farmed wages.

Daily Digest Market Movers: Golden prices rise among the US company

  • The 10-year Note T performance in the US is flat is 4.257%. According to 10-year profitability of securities (tips), in which Real Real gives two BPS up to 1.86%.
  • Chicago PMI data for March increased by 47.6 points from 45.5 and exceeded 45.2 forecasts. In particular, it is the highest level since November 2023, but it remains on the systolic territory for sixteenths in a row.
  • Some of the subcompartents have improved, such as production, up-to-date orders, employment and arrears. According to delivery survey, suppliers and prices of suppliers.
  • According to the American Bureau of Economic Analysis, they remained stable last week. Nevertheless, the risk of recession led the market participants to the price at over 74 base points facilitating at the end of 2025, according to the data from the Chicago Board of Trade.
  • In geopolitical space, US President Donald Trump threatened to apply secondary tariffs of 25-50% on buyers of Russian oil, if Moscow blocked his efforts to end the war in Ukraine.
  • Wall Street banks updated their gold forecasts last week. Economists from Goldman Sachs, Société Générale and Bank of America identified USD 3300 as the next goal, according to Kitco.

XAU/USD Technical perspectives: price rallies Mine 3,050 USD, Eyes at USD 3100

The Gold Rally expands. This year, yellow metal increased by 18.96%, and due to the uncertainty in financial markets, Stren may be continued. Although the relative force indicator (RSI) is purchased, traders should be aware that due to the aggressiveness of traffic, the most extreme level is 80.

Another XAU/USD resistance would be the psychological $ 3150 and USD 3200 on dependencies. On the other hand, the first bullon support was $ 3100. The violation of the latter will reveal support at March 20 to USD 3,057, followed by 3000 USD.

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles