BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Gold Faces Bearish Pressure as U.S.-China Trade Deal Strengthens Dollar
Gold Faces Bearish Pressure as U.S.-China Trade Deal Strengthens Dollar
21
2
The U.S.-China tariff resolution has injected fresh volatility into Gold markets, with XAUUSD testing critical support levels. A stronger dollar and reduced safe-haven demand threaten to push prices toward $3,000—a psychological threshold for bullion traders.
This week’s price action will hinge on U.S. economic data releases, which could either accelerate gold’s decline or trigger a short-covering rally. Technical indicators suggest a potential reversal pattern forming NEAR current levels, though macroeconomic headwinds remain dominant.
By:
Previous
Pi Network (PI) Skyrockets 170% Pre-Consensus 2025 as Market Anticipates Keynote
Next
Senate Targets Trump, Musk in Explosive New Crypto Ban Bill
