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While macroeconomic tension is intense, Gold continues to record and exceeds the new peak for $ 3,245. The rare metal, which was caused by the fall of the dollar and increased bond yields, confirms its role to refuge. Analysis of an ascending trend that seems far from the end.
Gold explodes to $ 3,245 when Trump shakes markets!
In a global context with a high -end gold, gold shines more than ever. Especially since last month, yellow metal has reached a new ATH for $ 3,059. Last week, expensive metal, he still recorded a spectacular performance and climbed up to $ 3,245, an absolute record. This flight of 9.76 % of the weekly duty comes, while revenues from US cash register accounts explode from 4 % to 4.5 % and the US dollar Flanche. The market is clearly looking for shelters … and gold is the first recipient.
The Haussier de l’or movement began in 2024 after a resolution of a symmetrical triangle forming a bull flag. This technical formula has prepared a way for a dazzling increase of more than 40 %. Despite a temporary decline of $ 2956, at the key level tested in February 2025, the buyer returned to the past Tuesday! This refers to the cavity on the bulls. This reverse signal was verified the next day, especially thanks to Donald Trump’s announcement for overall duties.
What technical areas in sight?
In the short term, $ 3150 and $ 3,200 could serve as support in the case of download. If the correction should increase, they represent areas by $ 3100, $ 3050 to $ 3057 and even $ 3,000. If gold support at $ 2956 remains intact, the upper dynamics remains in place.
The gold market continues to run on a wave of economic and geopolitical concerns, especially if the US government sells part of its shares to create a bitcoin reserve. Patience, however, faces a parabolic trend, remains a necessary weapon for traders. Waiting for key support can offer a quieter entry … because in the euphoric market emotions are often the worst advisors.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.