According to CCTV News, the White House has issued a statement announcing that U.S. President Donald Trump will raise tariffs on imported steel, aluminum, and related derivative products from 25% to 50%, effective from 12:01 AM (EST) on June 4, 2025. Although products imported from the United Kingdom will remain subject to a 25% tariff, the overall move has once again heightened global trade tensions.


At the same time, geopolitical risks are also evolving. Ukraine has recently launched a new wave of drone attacks against Russia. These attacks are characterized by high concealment, mobility, and difficulty in detection—suggesting a fundamental shift in modern warfare. In future conflicts, drones may become a dominant tool, increasing the unpredictability of the Russia-Ukraine war and triggering a new wave of risk-off sentiment in global markets.


From a technical perspective, gold prices remain in a strong upward trend. Although short-term fluctuations persist, the price structure above $3345 remains favorable for bulls. If safe-haven demand continues to support gold, a test of the key resistance level at $3372 is likely in the short to medium term.


In terms of trading strategy, aggressive investors may consider long positions above $3345, with a target price of $3372 and a stop-loss set at $3330 to manage potential downside risk.


Given the interplay of global policy changes and geopolitical uncertainty, market sentiment remains highly sensitive. Investors are advised to stay updated with the latest developments and adjust their trading strategies accordingly.



This article is provided by analysts at “Tradia Capital” for reference only. Investors should make decisions based on their own risk tolerance. The market involves risk—investment should be approached with caution.