all tiem high gold target 3080

Double Top Resistance May Hold – The chart assumes a breakout above the double top resistance, but double tops often indicate a reversal rather than a continuation. A strong rejection from this level could lead to a bearish move instead of the projected bullish scenario.

Volume Divergence – The recent price action does not seem to show strong bullish volume compared to the previous rally. If buyers are weaker at this level, a fake breakout could trap longs before reversing downward.

Support Might Break Instead of Holding – The analysis assumes that the support zones will hold, but if price retests the nearest support and breaks below it, the entire bullish scenario could be invalidated.

Bearish Scenario Missing – The chart focuses heavily on an upward move but lacks a strong bearish alternative. If sellers step in near resistance, a drop toward lower supports (like $3,020 or lower) becomes a valid possibility.