XAUUSD trades at $3,370.20, with a high of $3,373 and low of $3,369, per tradingeconomics.com at 04:32 AM WIB. Gold’s safe-haven appeal grows with U.S. tariff uncertainty, though a steady dollar limits gains. Today’s U.S. GDP data at 7:30 PM WIB, forecasted at 2.4% by the Atlanta Fed, will be pivotal. A robust report could strengthen the dollar, pushing XAUUSD to $3,350 support, while a weak one might drive it to $3,400 resistance. Fed speaker remarks today could hint at rate hikes, pressuring gold if hawkish.
Analysts highlight Middle East tension risks, suggesting a potential surge past $3,442 if geopolitical fears spike. Technicals show support at $3,350 and resistance at $3,400, with RSI neutral, indicating a range-bound day unless GDP shifts sentiment. Expect consolidation until 7:30 PM WIB, with a possible drop to $3,360 if the dollar rises, or a climb to $3,410 if safe-haven demand surges. Trade this volatility with my copy trading strategy at Exness, leveraging tight spreads. Check tradegoldnow.com/daily-blog for updates!