The selling pressure that gold prices experienced last week, which pushed them down to the $3340 per ounce support level before closing the week stable around the $3367 per ounce resistance, has not derailed gold's upward trajectory. As mentioned before, the $3300 per ounce resistance will remain a strong catalyst for bulls to advance technically. According to gold analysts' forecasts, spot gold prices are expected to see a sharp increase due to escalating geopolitical tensions in the Middle East, ignited by news of a US airstrike on Iranian nuclear facilities. This development is driving strong demand for safe-haven ... (full story)