XAU/USD STRUGGLES WITH $2,900 EXTENDS DESPITE ESCALATING TARIFF WAR
XAU/USD STRUGGLES WITH $2,900 EXTENDS DESPITE ESCALATING TARIFF WAR
Gold price consolidates near $2,900 early Tuesday, after recent rebound.
US economic growth concerns outweigh global tariff war fears, affecting the US Dollar and Treasury yields.
Gold faces resistance at the 21-day SMA near $2,900, with daily RSI staying above the midline.
XAU/USD is treading water below $2,900, awaiting a potential push higher.
