XP NETWORK USD Price & Performance (XPNETUSD)

Gold prices have climbed close to a record high of $2,956, driven by optimism surrounding potential peace talks in the Ukraine-Russia conflict. Technical indicators suggest bullish momentum, with support levels around $2,909.60. Investors continue to favor gold as a safe-haven asset amidst geopolitical uncertainties and inflation concerns.12

Gold prices have faced downward pressure, trading below the $2,924 resistance level. Rising tariffs and recession fears weigh on market sentiment, while upcoming US CPI data could influence further price movements. Analysts note mixed technical signals for gold, with immediate support seen at $2,881 and resistance at $2,924.23

Gold remains above $2,900 as trade tensions and inflation fears drive safe-haven demand. President Trump’s tariff plans on Mexico, Canada, and the EU have raised inflation concerns, potentially influencing Federal Reserve policies. Analysts anticipate continued volatility, with gold aiming to break resistance at $2,960.45