According to The Kobeissi Letter, gold prices experienced a notable increase after their premium alert on Friday to buy more at $3255. As cited in their May 6, 2025, Twitter update, these long positions are now up by over $130, demonstrating strong momentum and validating their bullish outlook. This trading insight provides clear entry signals and highlights the effectiveness of timely alerts for gold traders seeking profitable opportunities (source: @KobeissiLetter on Twitter).

According to The Kobeissi Letter, gold prices have surged over $100 in a single day, reaching $3,345 per ounce (source: @KobeissiLetter, May 5, 2025). This sharp move signals heightened market volatility and increasing demand for safe-haven assets. For traders, this breakout above previous resistance levels could indicate further bullish momentum in the gold market, while also potentially influencing correlated assets such as gold-backed ETFs and precious metal mining stocks. Monitoring price action and volume at these record highs is critical for developing trading strategies.