JP Morgan on Trump tariffs - reinforce their bullish view on gold

  • Well, at least they're getting a dip to buy into if they want

JP Morgan on the Trump tariff trade war:

  • reinforces their bullish view on gold
  • maintain their near-term bearish on base metals

LME base metals prices are likely to face solid near-term bearish pressure on

  • growth concerns
  • macro risk-off
  • USD strength

Gold 5 minute candles:

gold 5  minute chart 03 February 2025 2

Top Brokers

Sponsored

General Risk Warning