Trading Conditions
Products
Tools
Gold prices have recently seen a notable correction amid market expectations of the start of real negotiations between the U.S. and China on tariffs and overall trade. Treasury Secretary S. Bessent's statement, noting that the current tariff war between Beijing and Washington is unproductive, suggests that negotiations are already taking place behind the scenes and that an agreement may be reached in the near future.
From a technical perspective, the price of the "yellow metal" has shown a local reversal downward, and a likely stream of positive, calming news for the markets may reduce demand for safe-haven assets—gold being a primary example.
I believe that the price of gold may fall to 3243.55 after breaking below 3320.60. The entry point can be considered at the 3307.55 level.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.