Gold Race to 3,000: Rates, Politics, and Beyond

As visible on daily TF ,Key resistance levels 2720 were challenged two times already. A clean breakout above 2720 could lead to further bullish momentum also we have seen that the price recently retraced to 2,538 and 2,583 levels, forming bullish pullbacks before continuing upward, The corrective pullbacks appear to be shallow, indicating strong bullish momentum.
Based on Fibonacci extensions and historical price action, a bullish move toward the psychological level of 3,000 seems possible.
so with all this talk about the Fed cutting rates, FOMC's moves, there's a real buzz around gold hitting 3,000. Lower interest rates mean less reason to hold onto cash or bonds, making gold look pretty attractive. If Trump's policies stir up inflation or global uncertainty, even better for gold.
gold's been on a nice climb last week, bouncing back from where it should dip, which suggests there's strong buying interest. If it keeps this up, breaking past the current highs near 2790, we might just see it hit that 3,000 mark. But remember, this is all speculative; gold can be as unpredictable as a cat in a room full of rocking chairs. Keep an eye on those FOMC meetings and any geopolitical drama; that's where the real action could come from.
Nota
Both gold and silver started the Monday in red but bigger picture is still looking good
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