GOLD: Continously Rising?

XAUUSD Gold Traders
02-05

Hello everyone! Today i want to share some macro analysis with you!

1.

Early Wednesday (February 5) Asian market, spot gold continued to create new highs, currently trading near 2847.37 U.S. dollars / ounce. $Gold - main 2504(GCmain)$

Gold prices hit another all-time high to $2,845.30 on Tuesday, marking a fourth consecutive session of new all-time highs, closing at $2,841.85, driven by investors seeking safe-haven assets after China took retaliatory tariff measures in response to U.S. President Donald Trump's tariff measures.

Separately, U.S. job openings fell the most in 14 months in December, also dragging the dollar and U.S. bond yields lower and giving gold prices upward momentum. $XAU/USD(XAUUSD.FOREX)$

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