Gold Nears Our Last $3000 Target!

On March 13 #XAUUSD broke out of the month-long consolidation to the upside on sustained bullish momentum. As you can see on the chart, it happened right after the metal broke past the $2943 mark. 

We have been telling you for weeks that this was the last holding point to conquer in the path of the bulls to send gold higher.

The move happened on a convergence of bad geopolitical news, with Russian President Putin diplomatically declining a 30-day ceasefire, and heightened tensions from new tariff threats from Donald Trump, who warned about a 200% tariff incoming on European wines and champagne.

Our last $3000 target is in sight, with the metal missing some ridiculous $7 to reach it from the current ATH. Whether XAUUSD takes out this formidable psychological level right away or through a correction to $2965/oz – $2955/oz first, the bulls remain firmly at the helm.

You can join the rally by market, or near the correction targets we told you above. 

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