Gold Outlook: Trump’s tariffs and the US PCE rates

From ironfxcn.com

Since our last report, gold bulls appear to still be in the driver’s seat despite gold’s price moving lower on Monday. In today’s report we are to have a look at the market uncertainty underpinning the rise of gold’s price as well as the upcoming release of the US PCE rates . For a rounder view we intend to conclude the report with a technical analysis of gold’s daily chart. US President Trump appears to have allowed some flexibility in his tariff decisions. According to Reuters, he stated that not all new tariffs would be announced on April 2nd and that he might exempt “a lot of countries.” The ... (full story)