The long-term upward trend remains unchanged. Tariffs are still a major variable causing significant fluctuations in gold.
U.S. Tariff Policies
Since April 9th, the United States has imposed tariffs ranging from 10% to 25% on goods from China, the European Union, Canada, and other regions, covering key sectors such as automobiles, steel, and semiconductors.😒
Countermeasures of Various Countries
China: On April 4th, China announced that it would impose a 34% tariff on U.S. goods starting from April 10th. On April 9th, the tariff rate was further increased to 84%, covering all U.S. goods.😠
The European Union: Announced that it would impose a 25% tariff on U.S. motorcycles, diamonds, and other goods starting from May 16th.😤
Canada: Imposed a 25% retaliatory tariff on U.S. automobiles on April 9th, but exempted auto parts.😏
At present, the rise of gold is still driven by the demand for a safe haven. It remains uncertain whether the 104% tariff will actually be implemented. Once relations deteriorate, it will truly be bullish for gold again. In the short term, this is definitely something that needs to be closely monitored.🤔
This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟.
💰💰💰 XAUUSD 💰💰💰
🎯 Buy@3220 - 3230
🎯 TP 3270 - 3300
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
U.S. Tariff Policies
Since April 9th, the United States has imposed tariffs ranging from 10% to 25% on goods from China, the European Union, Canada, and other regions, covering key sectors such as automobiles, steel, and semiconductors.😒
Countermeasures of Various Countries
China: On April 4th, China announced that it would impose a 34% tariff on U.S. goods starting from April 10th. On April 9th, the tariff rate was further increased to 84%, covering all U.S. goods.😠
The European Union: Announced that it would impose a 25% tariff on U.S. motorcycles, diamonds, and other goods starting from May 16th.😤
Canada: Imposed a 25% retaliatory tariff on U.S. automobiles on April 9th, but exempted auto parts.😏
At present, the rise of gold is still driven by the demand for a safe haven. It remains uncertain whether the 104% tariff will actually be implemented. Once relations deteriorate, it will truly be bullish for gold again. In the short term, this is definitely something that needs to be closely monitored.🤔
This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟.
💰💰💰 XAUUSD 💰💰💰
🎯 Buy@3220 - 3230
🎯 TP 3270 - 3300
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
Are losses and money troubles still plaguing you? 😩Join forces with me, and let the money pour into your pockets. 💸
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t.me/+Waj4dlgUfPZjYjI0
📢Free Telegram Channel📢
t.me/+Waj4dlgUfPZjYjI0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Are losses and money troubles still plaguing you? 😩Join forces with me, and let the money pour into your pockets. 💸
📢Free Telegram Channel📢
t.me/+Waj4dlgUfPZjYjI0
📢Free Telegram Channel📢
t.me/+Waj4dlgUfPZjYjI0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.