If gold is known, wonder ceases 💰💰

Reasons for the global market decline 🌋🌋

John Rong, a market analyst at IG, said, "Anticipation of the U.S. counter-tariffs to be implemented on April 2 has pushed the market to take a defensive stance by reducing risks and turning to gold as a safe haven to hedge against potential volatility in investment portfolios."

He added, "Technical indicators show that the market's fundamental factors do not justify the continued rise in prices in the near term, but the uncertainty surrounding tariffs is likely to support gold at the moment, and it seems that buyers are looking to test the $3200 level."

U.S. President Donald Trump has pledged to announce a wide-ranging tariff plan today, Wednesday, which will include counter-tariffs that will be announced by all countries.

Gold prices tend to rise amid economic and geopolitical instability and thrive in a low-interest-rate environment. For other precious metals, silver fell 0.1% to $34.04 per ounce in spot transactions, platinum dropped 0.1% to $991.41, while palladium rose 0.8% to $989.19.

#TrumpTariffs #WhaleMovements #BSCUserExperiences #BTC

The market and currencies after Trump's announcement of the tariff and the start of the decision?