Gold Hits Record High Above $3,000 Bullish Momentum Continues with Potential for Further Gains Toward $3,080-$3,100

A bullish cup-and-handle pattern is forming near recent highs, suggesting the potential for further upside.
- Immediate support lies at $3,045, followed by a stronger support level near $3,005.
- A successful breakout above the short-term resistance at $3,060 could push prices towards $3,080 and beyond.
Record-Breaking Rally: Gold’s surge past $3,000 reflects strong bullish sentiment, supported by global uncertainties.
- Safe-Haven Demand: Rising geopolitical risks and economic concerns are driving investors towards Gold as a hedge.
- Inflation & Interest Rates: With expectations of potential Federal Reserve rate cuts later in the year, lower yields are providing additional support to Gold’s price.
Recent News
Nasdaq 100 Holds Above Support at 23,310...
August 27, 2025
Market Insights
Gold surged to another record peak amid...
April 16, 2025
Market Insights
US Tech 100 Surges from Double Bottom Fo...
April 08, 2025
Market Insights
Dow Jones Faces Bearish Pressure: Resist...
September 03, 2025
Market Insights
Gold’s Short-Term Headwinds, Long-Term S...
November 28, 2024
Live Charts
Gold remains under bearish pressure but...
June 20, 2025
Market Insights