Gold

Key Indicators

• The metal smashes above the trendline resistance. If price settles above the trendline with strong volume, it could spark a short-term momentum shift and trigger a recovery toward higher resistance levels.

Fundamental Context

Looking ahead, volatility is expected to remain elevated this week, with geopolitical developments taking center stage. Additionally, comments from Federal Reserve officials this week should be closely watched for further insight into the central bank’s potential future moves.