XAUUSD

President Trump's customs tax policies and uncertainties in foreign relations have exerted pressure on gold prices. Following the customs duties imposed on Canada and Mexico, President Trump signed an executive order to initiate a review of copper tariffs. These developments have limited losses in the Dollar Index while triggering profit-taking in gold. Additionally, new home sales may also be monitored throughout the day.

Gold is currently moving within a price range supported by short-term indicators. As long as the precious metal continues to be priced in the 2910-2930 range, it may remain at a decision-making stage. To strengthen positive expectations, sustained pricing above the 2930 level may be necessary; in that case, the 2942 and 2947 levels could be considered. Conversely, to highlight negative scenarios, a sustained position below the 2910 level may be required.