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Gold Breakout Eyed on Safe-Haven Surge
Amidst the market fallout from the US/Israel attack on Iran over the weekend, gold prices have seen fresh safe-haven demand. The futures market is firmly in the green today having gapped higher at the open, now trading up almost 2% from Friday’s close. With the record highs now less than 5% away, the focus is on a fresh breakout in gold over coming sessions with the global geo-political backdrop unlikely to turn more risk-positive near-term. With Iran carrying out retaliatory attacks and signalling more to come, and Israel widening the scope of its attacks, Trump has warned the operation could continue for weeks. ... (full story)
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- Mar 2, 2026 8:46am Posted byTechnical Analysis180
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