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I'm confused, the media is saying tariffs are pushing HG1! prices lower, but there's green on the screen again in the overnight session 🤔

HG1! big pump presumably off Trump's 50% tariff announcement for copper.





XAUUSD Gold is forming a bearish engulfing pattern on the 15-minute chart, signaling potential downside momentum.

Key Observations

- Large and tested zone: Higher likelihood of breaking through.
- Hurdle market: Possible retracement from current levels. MGC1! CL1! HG1!
Snapshot