Gold Prices Boosted After Trump's Inauguration. Forecast as of 21.01.2025
The previous trade war spurred XAUUSD quotes. Today, gold has a significant competitive advantage in the form of geopolitical factors. This provides the precious metal with a resilience that allows it to withstand strong headwinds. Let's discuss these topics and make a trading plan.Major Takeaways Another trade war will support gold prices. Geopolitics is a safety cushion for XAUUSD quotes. The precious metal will enjoy the Fed's rate cuts. Long trades opened at $2,715 should be kept open.Weekly
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