*Fundamental updates* 🔏The latest massive bearish move in Gold price is driven by a generalized upbeat mood as investors cheer ‘'substantial progress’ touted by the United States (US) and China following their high-stakes trade talks in Geneva over the weekend. 🔏Increased hopes that the world’s two largest economies will finally reach a trade deal after last month’s tit-for-tat tariffs on each other almost put a halt to their foreign trade. This broader market optimism has diminished Gold’s appeal as a traditional safe haven. 🔏However, the Gold price downside appears capped, as a US-Sino joint statement on the Geneva trade talks is eagerly anticipated for fresh trading impetus. Additionally, Gold price continues to receive support from the ongoing geopolitical tensions between India and Pakistan and Russia-Ukraine. *Etribeconcepts™ Group*