HydraDX USD Price & Performance (HDXUSD)

Gold prices are hovering near record highs as fears of escalating U.S. tariffs continue to drive demand for safe-haven assets. While the metal peaked above $3,000 recently, profit-taking and market uncertainty have tempered its momentum. Traders are closely watching upcoming economic data for further direction.123

Amid recession fears and geopolitical tensions, gold remains a preferred asset for investors seeking stability. The metal's recent rally has been bolstered by concerns over trade policies and inflation. Analysts highlight mixed technical signals, with resistance levels near $3,000 posing a challenge for further gains.456

Gold maintains its position as a hedge against inflation as U.S. inflation data looms. Market sentiment is fragile, with expectations of higher inflation potentially boosting gold demand. Technical charts indicate key support levels around $2,880, while resistance remains near $2,950, shaping short-term price movements.278