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Trading Signals for GOLD (XAU/USD) for April 9-11, 2025: sell below $3,075 (21 SMA - 61.8%)

Technically, gold has been oversold since yesterday, so this rebound over the last few hours represents a technical correction. Therefore, we believe there could be consolidation below 3,085 in the coming days.

1225

US and China engaged in fierce battle: markets slump, high-tech stocks bruised, gold stands tall

Global markets are once again in turmoil: the escalation of the trade war between the US and China has slammed stock markets.

1150

Update on US stock market: Trump chronicles, April 9

As announced by Trump's administration yesterday, on April 8, new and even higher tariffs on Chinese goods will take effect in the US starting from April 9, reaching an enormous 104%.

1135

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