Gold’s price has experienced a notable surge recently, driven predominantly by escalating concerns related to potential war scenarios. The precious metal’s movement seems to be echoing patterns observed during the Russian invasion in 2022. Specifically, gold’s price tends to rally based on increasing fear and uncertainty, even if these sentiments aren’t directly tied to actual events. Current data suggests that the interest in war-related news is showing signs of decline, similar to patterns observed in early 2022. Historically, gold’s price continued to rise for a few days after such a decline in interest before reaching a peak. If this pattern holds, gold could approach the $2,000 mark before experiencing a downturn, presenting a potential shorting opportunity. Interestingly, gold’s rise has occurred concurrently with an uptick in the U.S. dollar, another safe-haven asset. This simultaneous increase is likely due to heightened concerns about the Middle East. While gold’s outlook remains bullish in the short term, a shift is anticipated in the near future.