Gold Next Target 3000$ ?

Key points: fundamental

⚡Trump raises tariffs on steel and aluminum imports
⚡Bullion hits record high of $2,942.70 per ounce
⚡Gold bulls lock in $3,000/oz milestone in sight

📊 Market Overview:

Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark.

✅ Trend Analysis:

The overall trend remains bullish, with price following an ascending trendline (dashed).
Strong buying momentum is visible, as price has made higher highs and higher lows.

Final Thoughts:

🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline.
📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move.
📢 Keep an eye on key economic events (seen on chart) that may impact volatility!

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Stay tuned for updates once the confirmations are in place!

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Disclaimer: This is for educational purposes only.
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