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
Dow Jones Eyes Critical Resistance at 43...
March 27, 2025
Market Insights
GBPJPY fall after Retail sales and PMI d...
November 22, 2024
Market Insights
US Tech 100 Approaches Key Resistance wi...
July 01, 2025
Market Insights
US30 Forms Bearish Pennant Below Key Sup...
July 16, 2025
Market Insights
Gold may head South as Head & Shoulder a...
October 25, 2024
Market Insights
CPI - CONSUMER PRICE INDEX
December 11, 2024
Market Insights
