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Gold Analysis: Eyes $3,500 as Bullish Momentum Strengthens
As we predicted, the bullish trend for the gold price indicator remains strong, and the opportunity to return to the vicinity of the psychological $3400 per ounce resistance will not be far-fetched as long as global trade and geopolitical tensions continue to increase, coupled with further central bank purchases of gold bullion. According to performance across gold trading platforms, gold futures breached the psychological $3400 US dollar resistance at the start of the trading week, after a consistent performance for several consecutive trading sessions. Gold prices are now looking for a new catalyst to retest the ... (full story)
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- Jul 22, 2025 8:19am Posted byTechnical Analysis333
