Gold trend 17/2 – Ready to short?

Gold prices continue to fluctuate near record highs. Early last week, the market was again driven by uncertainty over Trump's tariff policy, hitting a new high of 2942. It was pushed toward 2863 by stronger-than-expected US inflation data on Wednesday, but the price rebounded quickly to 2940 before the U.S. session on Friday. As the peace talks began between Russia and the US, the geopolitical situation eased, profit taking/short-selling hit the market where the gold prices closed below 2900 nea…