Gold Sustaining near Life-High Levels.

Gold price (XAU/USD) reverses an intraday dip to the $2,924 area and climbs to the top end of its daily range, closer to the all-time peak heading into the European session on Wednesday. Investors remain worried that US President Donald Trump's tariff plans could trigger a global trade war, which continues to act as a tailwind for the safe-haven bullion. Moreover, expectations that the Federal Reserve (Fed) will cut interest rates further keep the US Dollar (USD) bulls on the defensive and offer additional support to the non-yielding precious metal.

Gold Structure: Strong Bullish Candle on Daily, Small Triple Top on 4hr, Bear Flag on 1hr.

Intraday Strategy/ Intraday Trend: Sell on Rise, Sell on Break of Supports/ Bullish, Above 2943 Strong Bullish.

Weekly Trend: Strong Bullish

Major Resistance: 2939, 2943, 3011

Major Support: 2926, 2916, 2907