I. Next Week's Trend Analysis
Geopolitics: Middle East Tensions Like an Unattended Gas Stove
The ongoing conflict between Israel and Iran is akin to a gas stove left burning in a kitchen, poised to explode at any moment. Last week, Israel launched airstrikes on Tehran and reportedly killed an Iranian nuclear scientist, prompting Iran to retaliate against Beer Sheva, known as Israel's "cyber capital." More worryingly, Iraqi armed groups have threatened to block the Strait of Hormuz if the U.S. intervenes—a channel through which one-third of global seaborne crude oil passes, essentially gripping the world's energy tap. Russia has also warned of a "highly negative" response if Iran's supreme leader is harmed, further escalating tensions.
In this context, gold serves as a "safe haven" for risk aversion. However, the market remains torn: on one hand, fears of conflict escalation drive funds into gold; on the other, hopes that Iran-Europe talks will ease tensions may prompt some capital to withdraw for wait-and-see. This contradiction was evident last week when gold prices surged to $3,450 before dropping to $3,367. Next week, close attention should be paid to whether the U.S. takes military action against Iran within two weeks and whether actual blockades of the Strait of Hormuz occur—such news will trigger sharp fluctuations in gold prices.
Analysis of gold trend next week, hope it helps you
XAUUSD sell@3380~3390
SL:3410
TP:3370~3360
Geopolitics: Middle East Tensions Like an Unattended Gas Stove
The ongoing conflict between Israel and Iran is akin to a gas stove left burning in a kitchen, poised to explode at any moment. Last week, Israel launched airstrikes on Tehran and reportedly killed an Iranian nuclear scientist, prompting Iran to retaliate against Beer Sheva, known as Israel's "cyber capital." More worryingly, Iraqi armed groups have threatened to block the Strait of Hormuz if the U.S. intervenes—a channel through which one-third of global seaborne crude oil passes, essentially gripping the world's energy tap. Russia has also warned of a "highly negative" response if Iran's supreme leader is harmed, further escalating tensions.
In this context, gold serves as a "safe haven" for risk aversion. However, the market remains torn: on one hand, fears of conflict escalation drive funds into gold; on the other, hopes that Iran-Europe talks will ease tensions may prompt some capital to withdraw for wait-and-see. This contradiction was evident last week when gold prices surged to $3,450 before dropping to $3,367. Next week, close attention should be paid to whether the U.S. takes military action against Iran within two weeks and whether actual blockades of the Strait of Hormuz occur—such news will trigger sharp fluctuations in gold prices.
Analysis of gold trend next week, hope it helps you
XAUUSD sell@3380~3390
SL:3410
TP:3370~3360
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Free signal channel :t.me/+TV_kswto0jw3NWU0
Let me guide you to start a profitable journey! 🚀
:t.me/+TV_kswto0jw3NWU0
The accuracy rate is as high as 82 percent. ✅
:t.me/+TV_kswto0jw3NWU0
Let me guide you to start a profitable journey! 🚀
:t.me/+TV_kswto0jw3NWU0
The accuracy rate is as high as 82 percent. ✅
:t.me/+TV_kswto0jw3NWU0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.