Rising – Recovery | Primary trend: MondayGoldOANDA:XAUUSDJJainy🔺Related Information: (XAU/USD) Gold prices (XAU/USD) edge modestly higher at the start of Monday’s Asian session, approaching the $5,095 area. The precious metal extends its upward momentum, supported by renewed tariff announcements from Donald Trump and ongoing trade-policy uncertainty, which continues to bolster demand for traditional safe-haven assets. On Friday, the US Supreme Court ruled that the tariffs imposed by Trump were unlawful. Shortly thereafter, the President invoked Section 122 of the Trade Act of 1974, initially introducing a 10% global import tariff, which was subsequently raised to 15%. At the same time, he confirmed that all national security tariffs under Section 232, as well as the existing Section 301 tariffs, remain fully in force. The risks and uncertainty stemming from the US trade dispute are likely to continue supporting gold’s appeal as a traditional safe-haven investment in the near term. 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 📌 Chart analysis: 🔗 Short-term timeframes: M15, M45, H1 On the H1 chart, a price gap has formed around the 5,110 level. The mid-range price area currently lacks a significant resistance level. Attention should be paid to resistance at 5,246, corresponding to a supply zone on H1. 🔗 Medium-term timeframes: H2, H4 On the H4 timeframe, buying pressure has moved above the EMA moving averages, while bullish trading volume has increased notably. Key zones: 🔗 Supply zone (resistance): 5,246 – 5,341 – 5,440 🔗 Demand zone (support): 5,110 – 5,002 🔗 Three EMA moving averages; technical indicators: stochastic, volume 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 ✏️ Personal opinion: Heightened tariff tensions make further gains in gold prices difficult to avoid. However, erratic shifts in tariff-related news can also trigger sudden selling pressure on gold, suggesting that a stable, long-term bullish trend has yet to be firmly established. 📥 Follow us for the most accurate gold price trends.