Gold price breaks resistance with Trump mulling imposing economic state of emergency

Gold price breaks resistance with Trump mulling imposing economic state of emergency

Gold price edges higher for the second day in a row on Wednesday around the technical level of $2,655. President-elect Donald Trump is considering imposing an economic state of emergency which would allow to impose global tariffs quite quickly. Gold price remains stuck in a broad pennant technical formation, though starting to test upside levels.

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