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Gold Price Forecast: XAU Renewed Momentum Amid Tariffs, USD Weakness and Geopolitical Risk
The past two months have delivered one of the most dramatic chapters in modern precious metals trading. Gold surged through the psychological $5,000 level for the first time ever and accelerated toward an intraday high near $5,998. The rally was driven by escalating geopolitical tensions, aggressive speculative positioning, and expectations that global central banks might soon pivot toward more accommodative monetary policy. Momentum buying intensified as traders chased breakout levels, reinforcing the upward spiral. However, the euphoric advance proved fragile. Within hours of peaking, gold reversed sharply, ... (full story)