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GOLD SOARS TO NEW HEIGHTS! Is $3,446 the New Normal?

Hold onto your hats, folks! Gold prices have exploded to a staggering $3,446 per troy ounce this Monday—just shy of all-time highs! Why the surge? As geopolitical tensions soar and the dollar takes a nosedive, investors are flocking to gold like bees to honey!

TENSIONS RISE: IS A GLOBAL CRISIS ON THE HORIZON?

The conflict between Israel and Iran has reached a boiling point! Fears of a huge geopolitical fallout are sending investors scurrying to the safest havens. With risk appetite plummeting, gold is the shiny knight in armor scooping up capital like it’s going out of style!

And that’s not all—U.S. Federal Reserve meetings are looming! Kicking off Tuesday and wrapping up Wednesday, this is a MUST-WATCH event! Will they hold interest rates? Or is a wave of cuts right around the corner? After shockingly weak economic data, many think a cash flow crisis could be brewing!

TARIFFS COMING: WHAT’S THE WHITE HOUSE UP TO?

Don’t forget the tariffs! Word on the street is that President Trump is gearing up to unveil a new set of tariffs that could shake the economic landscape even further. What’s going on behind closed doors in the White House?

Meanwhile, the dollar continues to buckle under pressure, paving the way for a GOLDEN bull run!

TECHNICAL TRADING: WHAT’S NEXT FOR GOLD?

On the H4 chart, gold has reached a staggering peak at $3,450! But don’t get too comfortable—experts predict a drop to $3,400 is imminent! If that support crumbles? Prepare for a free fall into the abyss of $3,350!

The MACD indicates bearish news—could this mean a reversal to new lows? Yikes! And on the H1 chart? Looks like a downward wave is forming—targeting that pesky $3,400 barrier. After hitting that mark, expect a corrective bounce to $3,424, before diving again!

The Stochastic oscillator is not pulling any punches either, with warning signals flashing below 50—definitely indicating a bearish storm is brewing!

WRAP-UP: GOLD STANDS TALL… FOR NOW!

Despite looming threats of a short-term setback to $3,400 or even $3,375, gold is still riding high on the wave of geopolitical unrest, a faltering dollar, and whispers of dovish monetary policy. As long as the clouds of uncertainty hang over us, expect gold to hold its ground and continue its legendary status!

Stay tuned, because this golden saga isn’t over yet!