Gold momentum breakout scenario | trade of the week | 03.03.2026
Gold could be setting up for a continuation move toward the previous all-time high near 5600 as geopolitical tensions and inflation expectations fuel demand for safe-haven assets. Explore our better-than-market trading conditions on our website: https://bit.ly/Exness-homepage-mo In this week’s Trade of the Week, we note that the previous AUDNZD momentum idea reached its 1.19 target and is marked as successful. Since the beginning of 2025, 38 out of 50 published ideas have worked — a 76% hit rate. Now the focus shifts to Gold, with a potential target at 5600. Escalation between the US and Iran increases geopolitical uncertainty, supporting demand for protection assets. Technically, Gold opened the week with a gap and is extending a 10-day upswing, touching the upper Bollinger Band — conditions that often signal further momentum. Rising crude oil prices are lifting US inflation expectations and long-term bond yields, reinforcing Gold’s role as an inflation hedge. COT data also shows elevated net long positioning from commercial traders. This week, markets will monitor geopolitical developments and the US Non-Farm Payrolls report, which could add volatility and further influence Gold’s trajectory. Trading is risky. Always do your own research and manage your risk carefully. #Gold #XAUUSD #tradeoftheweek #commodities #safehaven #CFDtrading
Read EXNESS Broker Review March 4, 2026 at 04:35PM Exness
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