XPF/USD Price & Performance (XPFUSD)

Gold prices are under pressure as recession fears, tariff uncertainties, and geopolitical challenges loom. While inflation data could sway sentiment, technical charts indicate a bearish trend for XAU/USD. Immediate support levels are at $2,870, with resistance at $2,924. Market participants await U.S. CPI data for further direction.12

Gold remains a favored safe-haven asset amid U.S. tariff threats and inflation concerns. Prices recently peaked at $2,956 but retreated as traders took profits. While uncertainty supports gold, higher interest rates may cap gains. Analysts suggest the $3,000 milestone remains a possibility if bullish momentum resumes.34

Gold prices face downward pressure, with predictions suggesting a potential drop to $2,770. A stronger U.S. dollar and looming tariffs on Canada and Mexico weigh on the metal. Despite its safe-haven appeal, market volatility and inflation risks continue to shape gold's uncertain trajectory.51