TM_OPFX

The last two trading sessions for the gold to US dollar pair (XAU/USD) confirmed an upward trend, with gains exceeding 2% above the $3000 per ounce level. This movement has bolstered short-term bullish expectations for this safe asset. This movement was significantly supported by recent statements from the White House regarding the imposition of new additional tariffs, which fueled the ongoing global economic uncertainty, giving gold a renewed opportunity to recover. As this state of uncertainty continues, upward pressure on gold may become more urgent.