Gold Breaks $3,120: Next Stop $3,200?


What’s Driving Gold Higher?

Trade War Fears: Trump plans reciprocal tariffs on multiple nations, fueling uncertainty.

Geopolitical Tensions: Threats of 25-50% tariffs on Russian oil and potential sanctions on Iran add risk.



Key Levels to Watch

Support: $3,050, $2,910, and 100-day SMA at $2,653.

Resistance: A close above $3,120 could push gold toward $3,200 and beyond.

Recent News

NASDAQ making bullish Flag in 1HR

February 14, 2025

Market Insights

OIL WEEKLY ANALYSIS

December 14, 2024

Market Insights

Dow Jones backslid another 150 points on...

November 21, 2024

Live Charts

Dow Jones Faces Sharp Decline Forms Bear...

March 31, 2025

Market Insights

DOLLAR INDEX

October 22, 2024

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window