XAUUSD

Gold rose above $2,500 for the first time ever on Friday, shattering resistance zones. The price topped at $2,508 and closed with a bullish candle, signaling a strong upward trend. This strong momentum suggests that further gains are likely for the upcoming week,

Several catalysts that indicates gold rising up to $3,000:

1) With interest rates on a steady decline, gold is becoming more attractive to investors as a store of value.

2) Alot of Ongoing geopolitical tensions and economic uncertainties further supports gold pumping to Valhalla.

Therefore, any short-term pullbacks present attractive buying opportunities for traders.

Although in my opinion this might not play exactly as planned i still see a major pull back before the pump.