Gold falls after Trump extends tariff deadline on EU good

By X-blogger - on May 27, 2025

Gold prices fell after U.S. President Donald Trump dropped his threat to impose 50% tariffs on goods from the European Union from June 1, reducing demand for the safe-haven asset. Markets in the US and UK were closed on Monday due to public holidays.

The Gold-Dollar pair traded sideways in the last session. The Stochastic indicator is giving a positive signal.
Support: 3292.5 | Resistance: 3390

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