Market Outlook: Amid ongoing economic tensions and a brewing trade war, gold remains a safe-haven asset, pushing prices to new historic highs.
Technical Analysis:
Elliott Wave Theory suggests a bullish continuation, with Gold expected to reach $3,096.
Price is moving from $3,065 to $3,070, with key upside targets at $3,085 & $3,096.
Trading Plan:
Buy on dips: Entries between $3,065 – $3,070
Take Profits: $3,085 & $3,096
Stop Loss: Below $3,060
Risk Management: Use trailing stops to lock in profits.
Stay sharp! Volatility is high – trade wisely!