Gold has long been known as a safe-haven asset that goes to the limelight and attracts investors in situations of global instability and economic concerns. Given the escalation of the Israel-Hamas conflict, the list of global factors that have contributed to the wild price swings of COMEX Gold include inflation, central banks policies and interest rate speculations.

In this blog we are going to examine golds next possible move in the forex market and showing buyers and sellers areas based on gold technical fundamentals analysis. Also we will talk about how global developments effect gold prices and what traders intend to watch in the next weeks.
Current Market Overview & Gold Price Trends
A little more than a week ago, as of February 23, 2025, gold is right near record highs, and that’s due to uncertainty in the Middle East combined with changing sentiments of people that invest.
Recent Price Trends:
ATB Gold Price (Spot Market): The price has arrived at $ 2,946 per ounce, close to the $ 3,000 psychological threshold.

SPDR Gold Shares ETF (GLD): Down -0.07% to $270.74 from previous trading session.
iShares Gold Trust (IAU): Currently priced at $55.39, falling by 0.10%.
Gold Price Predictions: Analysts has $3,100 – $3,200 as next major resistance, key support near $2,850 – $2,900
Key Market Factors Driving Gold Prices
Gold Currency Haven Safe Store – Global Political Unrest – The Israel – Hamas war, together with issues in the Middle East, is enticing investors towards gold because of the way of the safe – haven.
Federal Reserve Rate of Interest Strategies – Any amount of time lapse in U.S. interest price goes to impact contrasting gold’s attract as NON-yielding asset.
Central Bank Gold Acquisitions – Main global banks are adding to their gold stockpiles, weighing on prices.
Inflation & Slowdown Economy– Inflation fears have increased the value of gold as it is a great protector against currency devaluing.
Impact of the Israel-Hamas Conflict on Gold Prices
Parts of history have seen gold rising amid geopolitical tensions on account of higher uncertainty and threat aversion.
Previous Geopolitical Events & Gold Price Movements:
2021 Israel-Gaza Conflict: Gold rose by 5.4% within a week.
Russia-Ukraine War (2022): Gold rose 15% in 2-months.
US Iran Tensions (2020): Gold rose by 4.2% in 3 days.
How Current Conflict Affects Gold
Oil Price Increase: Jitters in Middle East Spark Oil Price Jump and Demand for Gold.
Gold Rally Boosted By Safe-Haven Sentiment: Safe-haven buying boosts gold prices as investors swap riskier assets (equities, cryptos).
Room for Rise: If situation escalates more, gold price can then hurdles the level of $3,100 – $3,200.
Technical Analysis: Buying & Selling Zones for Gold
Gold futures move is objective to the technical support and resistance level seen on the forex and commodity exchange.
Buying Zone: Where to Enter?

Technical Indicators Suggest:
Support Level 1: $2,900 – $2,920 → A backups strong support zone for institutions to buy.
Support Level 2: $2,850 → Terms of crucial Nature; break down might indicates possible pullback short-term, ahead of recovery.
RSI (Relative Strength Index): Gold is close to overbought area (above 70 RSI), suggesting a minor correction before the further up.
Buying Recommendations:
If Price Gold has fallen to $2,900 – $2,920 level, traders can take long exposure.
For long-term investors $2,850 is a buy accumulation by gold to reach $3,100+
Selling Zone: Where to Exit?

Resistance Levels:

Resistance Level
$3,000 – $3,050: First major psychological barrier; potential profit-taking zone.
$3,100 – $3,150: Goldman Sachs puts this as being the next target price for the 2025.
Selling Recommendations:
Any touch to $3,000 – $3,050 could prompt short-term traders to take partial profits.
A breakout above $3,100 will encounter a selling frenzy and a ideal place to close trades.
Gold Market Outlook: Potential Scenarios
The medium-term thread for gold in the coming weeks is clearly set of related to major global and economic events. Here’s what traders should watch:
Bullish Triggers (Gold Can Inflate)
Further escalation in the Israel-Hamas war → Increases safe-haven demand.
Global recession fears widen, investors betting stable in Gold.
Fed rate cuts in 2025 → Less interest rates, Dollar becomes weak, Good let gold
More central bank demand → Eats more by China, Russia & India.
Bearish Triggers (Gold Could Fall)
Peace negotiations between Israel and Hamas → Decreases geopolitical risk.
Greinderer US-Dollar → FRIED DELAYE RADE CUTS, gold under Pressure.
Stock Majors recovery → Investor returns back in to equities weighing down Gold demand.
Investor Strategies: How To Invest On Gold Today Market?
For Short-Term Traders:
Buy at vicinity $2,900-$2,920 looking to reach $3,000-$3,050 for quick gains.
Sell on stops below $2,850 to limit risks.
Sell at $3,100 if gold is to continue its advance.
For Long-Term Investors:
Buy gold accumulation if price falls to $2,850 – $2,900.
Hold for a potential breakout over $3,100 in late 2025.
Diversify with gold ETFs or physical gold for safe portfolio.
Final Thoughts: What to Expect in the Coming Weeks?
Considering the present global situation, gold is looking downward with good potential for growth.
Key Takeaways:
Gold is pricing near $2946 per ounce, getting close to the record levels.
The Buck still benefits from the Israel-Hamas conflict, and inflation fears.
A good area to buy lies near $2,900 – $2,920, the area around $2,850 offers good muster as the support.
Selling zones begin from $3,000, the territorial $3,100 – $3,200 is a big resistance level.
Investors need to keep eye out as most important events, central bank moves and major macroeconomic indicators are lookings sharp to make wise decision.

Disclaimer: This analysis is made on the basis of current market situation and geopolitical events. Gold prices are fluctuating widely and are subject to alter. Always due your research before making any investment decision.
