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Trade with simulated capital and earn real profits after you pass our trader assessment.
27 March 2025,08:44
Trade Of The Day
27 March 2025, 08:44
*Gold prices gained support as investors shifted toward safe-haven assets following Trump’s auto tariff announcement. The metal tested key resistance levels but remained range-bound, as traders closely monitored US trade policy developments, which could determine gold’s next significant move.
* Technical Breakdown: Gold is trading higher after breaking above a previous resistance level. MACD signals increasing bullish momentum, while RSI at 63 suggests continued upside potential as long as it remains above the midline. If bullish momentum persists, gold could extend gains toward the 3055.00 resistance level. However, if momentum weakens, prices may pull back to test support at 3030.00.
Uncertainty surrounding Trump’s tariff decisions may continue to drive volatility in gold prices.
Learn more about how to navigate the prop trading landscape by checking out PU Xtrader’s trading blogs.
Keep an eye on potential Trump’s tariffs implementations, and Russia-Ukraine ceasefire deal for further market direction by following PU Xtrader’s financial news page.
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28 March 2025, 01:59 Gold Hits Record High Amid Trade War Fears
27 March 2025, 08:44 Gold Rebounds as Trade Policy Uncertainty
26 March 2025, 01:41 Gold Consolidates as Investors Await Key Tariff Decision
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