Gold price today: Momentum remains strong!

Hi everyone, let's learn about the gold price this week and what's new today!

Last week, gold continued to witness a week of strong price fluctuations as the ongoing tariff threats combined with rising inflation fears drove investors to the precious metal and
XAUUSD
reached a new peak. Gold is currently moving steadily, around $2869.

According to the latest weekly gold survey, industry experts are more optimistic than ever about this meta. I predict that gold prices will continue to increase.

On the chart, the bullish momentum is reinforced by upward movements. Gold does not experience many significant fluctuations, as the Bollinger Band indicator is narrowing to prepare for a new breakout. In that case, gold is expected to increase, with support around $2850.

And you, what do you think about gold prices?
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