🔹 Fundamental Analysis

Gold at Historic Highs — What’s Driving It?
The recent surge in gold prices to $3,312 reflects a perfect storm of macroeconomic conditions:

• # Global Inflation & Monetary Policy: Inflation remains stubbornly high across major economies, pushing central banks to reevaluate easing timelines. Despite high rates, real yields are falling, fueling gold’s appeal.
  
  

• # Weakened U.S. Dollar: The dollar is under pressure as markets price in a series of U.S. rate cuts by late 2025. This enhances gold’s relative value.
  
  

• # Geopolitical Risk Premium: Persistent global tensions, war-related supply disruptions, and emerging market instability are driving safe-haven flows into gold.
  
  

• # Central Bank Demand: Nations are aggressively adding to gold reserves to hedge against dollar weakness and diversify foreign exchange holdings.

📉 Technical Analysis

• # Current Price: $3,312

• # Support Levels: $3,180 – $3,250

• # Resistance Levels: $3,400 – $3,500

• # Trend Outlook: Strongly bullish

• # Indicators: RSI above 70 (overbought zone, but steady), MACD rising with no divergence on weekly chart
  
  

Price consolidation is expected before a possible breakout above $3,400. A pullback to $3,200–$3,250 could offer a buying opportunity.

📈 SignalMines Insight

SignalMines' models project a possible move to $3,450–$3,500 by Q4 2025, assuming the Fed eases policy and the geopolitical landscape remains tense. Traders should monitor key support zones around $3,250 for re-entry signals and watch global inflation data for short-term corrections.

Volatility will remain high, making risk-managed entries crucial.