Gold prices are back at record highs due to concerns of a trade war between the U.S. and China. After China imposed tariffs on U.S. imports in response to new U.S. tariffs on Chinese goods, investors turned to gold as a safe-haven asset. Prices reached an all-time high in the $2880 area. However, at the current at the moment, there are no significant fundamental or technical grounds for selling on the market. market. However, if international agreements are reached and the situation stabilizes. stabilization of the situation, buyers may get grounds to close long positions, which, together with active opening of sell positions by sellers, may lead to a decrease in quotations. sellers may lead to decrease of quotations.