Recap:Gold surged 6.59% last week, closing at $3,237/oz and hitting an all-time high of $3,245/oz, fueled by:


US-China trade war escalationGlobal recession fearsUSD depreciationRising rate-cut expectations from the FedInvestor Shift:Capital flowed out of stocks and crypto, into safe-haven assets like Gold and JPY, with strong support from weakening US economic indicators and unstable geopolitical conditions.


 Market Forecast:Wall Street Analysts: 94% bullish on gold next week (Kitco survey)Retail Traders: 69% expect further upside Key Events to Watch:Wed: Fed Chair Powell speech & BoC rate decisionThu: ECB policy meeting + US data (jobless claims, housing, Philly Fed)Ongoing: US-China tariff battle (145% vs 125%) Trading Scenarios:Scenario 1 (Likely): Dip to $3,165–$3,170 → rebound to $3,300Scenario 2: Dip deeper to $3,117–$3,125 → rebound