Gold Spot / U.S. Dollar
Long
Updated

Xauusd buy signal read the caption

312
Fears of an economic downturn intensified after President Donald Trump referred to the current situation as a “period of transition” in an interview with Fox News, implying that current policies may lead to a recession.
Meanwhile, trade tensions remain elevated. The US had recently delayed imposing a 25% tariff on select Canadian and Mexican goods for a month while Canada maintained its retaliatory measures. China imposed additional tariffs on some American agricultural products in response
Trade active
Hold

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