Spot Gold retreated towards the $3,030 region after hitting yet another record high of $3,056.20 per troy ounce. The US ...

Traders add more positioning in precious metal after Israeli strikes on Gaza end the ceasefire deal.

But if do see a decisive break above the $3K mark, then the next Fibonacci-based targets are at $3,032 (marking the 161.8% extension of the mini-downswing from mid-February) followed by $3043 (which ...