Gold just made a striking move, trading around $3,372 – $3,375 per ounce, up more than 0.6% on the day.
What’s driving the surge?
A weaker U.S. dollar, lower-than-expected U.S. inflation (CPI), and rising geopolitical tensions are fueling demand for safe-haven assets like gold.
At the same time, investors are closely watching the outcome of U.S.–China trade talks, while capital continues to flow into defensive positions.
📈 If these conditions hold, gold could challenge the $3,400 resistance level in the short term.
What do you think?
Is this a genuine breakout—or just a trap to lure in eager buyers?
Drop your thoughts in the comments!
What’s driving the surge?
A weaker U.S. dollar, lower-than-expected U.S. inflation (CPI), and rising geopolitical tensions are fueling demand for safe-haven assets like gold.
At the same time, investors are closely watching the outcome of U.S.–China trade talks, while capital continues to flow into defensive positions.
📈 If these conditions hold, gold could challenge the $3,400 resistance level in the short term.
What do you think?
Is this a genuine breakout—or just a trap to lure in eager buyers?
Drop your thoughts in the comments!
Trade active
✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.