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Gold Prices Hold Strong Amid Trade War Fears and Central Bank Demand

Resistance at $2,920: Gold is currently testing a key resistance level. A breakout above this could open doors for $2,940 and $2,970.
Support at $2,880: The lower trendline of the wedge has acted as a strong support zone. If gold declines, watch for $2,860 and $2,840 as key levels.
RSI at 53.96: The Relative Strength Index (RSI) is in neutral territory, suggesting potential for further upside if bullish momentum persists.
Higher Lows: Recent price action shows a series of higher lows, indicating continued buying interest.