Gold prices edged lower in the morning Today as the U.S. dollar ticked up, though escalating trade tensions following President Donald Trump\u2019s tariff announcements kept losses in check due to sustained safe-haven demand.<\/p>\n\n\n\n
Spot Gold inched 0.2% lower $2,912.0 per ounce, while Gold Futures expiring in April gained 0.1% to $2,922.72 an ounce<\/p>\n\n\n\n
Trump imposed 25% tariffs on Canadian and Mexican goods on Tuesday and raised tariffs on Chinese imports to 20%.\u00a0In response, Canada imposed 25% tariffs on C$30 billion worth of U.S. imports, while China levied 15% on U.S. agricultural goods like chicken and wheat and 10% on soybeans and pork.In his congressional speech, Trump reaffirmed plans for reciprocal tariffs, set to take effect on April 2. The move could further escalate trade tensions.These tariffs are expected to strengthen the dollar, as investors seek the relative safety of the world\u2019s primary reserve currency amid global economic uncertainty.\u00a0<\/p>\n\n\n\n
Intraday Trend : UP<\/mark><\/strong><\/p>\n\n\n\n Expecting correction up to 2906.40<\/p>\n\n\n\n Trading Strategy for today: Buy On Dip<\/mark><\/strong><\/p>\n\n\n\n Pivot Points<\/mark>\u00a0: 2982.31, 2955.03, 2936.37, 2909.09,<\/strong> 2890.43, 2863.15, 2844.49<\/strong><\/p>\n\n\n\n Trade setup<\/mark><\/strong><\/p>\n\n\n\n Pullback Buy around 2906.50 Deeper Buy around 2897.50<\/p>\n\n\n\n Safe swing sell below 2893.50 Important Event<\/mark><\/strong><\/p>\n\n\n\n \ud83d\udd34 ADP Non-Farm Employment Change Gold prices edged lower in the morning Today as the U.S. dollar ticked up, though escalating trade tensions following President Donald Trump\u2019s tariff announcements kept losses in check due to sustained safe-haven demand. Spot Gold inched 0.2% lower $2,912.0 per ounce, while Gold Futures expiring in April gained 0.1% to $2,922.72 an ounce Trump imposed […]<\/p>\n","protected":false},"author":1,"featured_media":640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\n
Safe swing buy above 2917.50<\/p>\n\n\n\n
\ud83d\udfe0 Final Services PMI
\ud83d\udd34 ISM Services PMI<\/p>\n\n\n\nRemark: This market analysis is published to increase your awareness, but not to give instructions to make a trade.<\/mark><\/h6>\n","protected":false},"excerpt":{"rendered":"