Gold prices have dipped below the crucial $3,000 level, hitting a three-week low during early Monday trading. This decline comes on the heels of a recent pullback following record highs achieved in the past days. Traders are now closely monitoring price movements to gauge potential direction signals for the XAU/USD pair. Analysts suggest that the 3000 threshold is a critical support level, and its behavior could indicate further market trends. Investors are advised to exercise caution and stay informed about ongoing market movements that could impact their trading decisions.