Gold (XAU/USD) continues its upward trend, benefiting significantly from a sell-off in the US Dollar observed on Monday. The precious metal has surged nearly $60 as the US dollar weakens due to trade uncertainties and growing concerns about the US fiscal situation.

Investors are increasingly turning to gold as a safe haven, pushing prices higher amidst ongoing trading challenges. Analysts predict that with the current economic climate, XAU/USD could potentially reach target levels of $3365 and $3415. Monitoring these developments closely will be crucial for traders looking to maximize their investments.