Gold Market Update (April 3rd, 2025)
Technical Outlook Update
▪️5 wave impulse completed
▪️Expect correction now
▪️Tariffs already priced in
▪️Profit taking in progress now
▪️Price Target BEARS 2900/2950 USD
▪️Strategy: SHORT SELL rips/rallied
▪️target is 2900/2950 USD
Gold Market Update – April 2025
Gold Hits All-Time High!
Price spiked to $3,167.84/oz after Trump announced sweeping tariffs (10–34%) on global imports.
Investors rushed to safe-haven assets amid rising trade war fears.
Volatility Followed
Sharp pullback after the surge as markets reacted to global uncertainty.
Analysts expect more swings as tensions evolve.
Central Banks Buying More Gold
️ A move to protect against currency risks & inflation fears.