Gold has once again hit a new all-time high (ATH), trading around $2930 - $2932, and is now eyeing the psychological $3000 level. With strong bullish momentum and increasing economic uncertainty, is gold set to break even higher?


 📊 Market Overview📈 Gold remains one of the best-performing assets, fueled by:✔ Geopolitical tensions pushing safe-haven demand.✔ Weaker USD & inflation fears supporting higher gold prices.✔ Strong institutional buying keeping the trend intact.


Technically, the Marubozu candle from yesterday confirms bullish strength as price surged from $2853 to $2910, with today’s action extending gains to $2932.


🔺 Selling remains risky, as resistance levels continue to break.🔻 A bearish reversal would require clear rejection signals & fundamental catalysts.


 📈 Key Levels to Watch:📍 Resistance Zones (Short Setups - Fibonacci Extensions):🔹 2938 - 2945 - 2956 - 2972 - 2983 - 2990


📍 Support Zones (Buy Setups):🔺 2918 - 2908 - 2896 - 2880 - 2858


 🎯 Trading Plan for Today:🟢 Buy Setups (Long Positions)✅ Scalp Buy Entry: 2908 - 2906❌ SL: 2902✔ TP: 2912 - 2915 - 2918 - 2922 - 2926 - 2930


✅ Swing Buy Zone: 2883 - 2885❌ SL: 2878✔ TP: 2888 - 2892 - 2896 - 2900 - 2905 - 2910


 🔴 Sell Setups (Short Positions)❌ Short Scalping Entry: 2945 - 2947✔ SL: 2950✔ TP: 2940 - 2935 - 2930 - 2925


❌ Key Sell Zone: 2982 - 2984✔ SL: 2988✔ TP: 2978 - 2975 - 2970 - 2965 - 2960 - 2955


 📌 Discussion & Insights:✔ Gold’s strong uptrend remains intact, but can we see a retracement soon?✔ Fundamental catalysts to watch: USD movements, Fed policy, inflation reports.✔ Best strategy: Look for dips to buy rather than counter-trend shorting.


📢 What’s your gold outlook? Will we hit $3000 soon? Let’s discuss below! 🚀


📊 For a detailed chart analysis, check out my TradingView idea here:🔗 GOLD HITS NEW ATH – IS $3000 THE NEXT TARGET?

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