ST/MT View

FA Analysis:
1- US and World economy are slowing down whereas Inflation is up.
- For ST, this is Gold negative as Investors need to exchange Gold to absorb equity losses and buy Bonds.
- For MT, this is positive for Gold.
2- End of war is Gold negative.
3- Tariffs is Gold positive. But I think Trumps will delay them and move towards Tax cuts and deregulation. The latter is Gold negative.
TA Analysis:
1- Gold outlook is Long. However, market moves in waves. The weekly close was bearish.
2- Price has made HH (a new ATH last week). I think, we should expect a HL for the next few days/weeks. 2685 is the Value Area to go long for a new ATH.
GL!