XAUUSD Gold is once again stepping into the spotlight as global markets reel from escalating geopolitical tensions. With President Trump confirming a full-scale U.S. airstrike on Iran’s nuclear facilities—Fordow, Natanz, and Esfahan—the world is bracing for potential retaliation and broader instability.
In times like these, gold doesn’t just shine—it roars.
📈 My Bias: Strongly Bullish
🎯 Targets:
- Primary: $3500
- Extended: $3700
These levels are not just technical aspirations—they’re grounded in the reality of rising global risk aversion, central bank accumulation, and a potential flight to safety as the Middle East teeters on the edge of wider conflict.
🔍 Key Technical Zone:
- $3341–$3352: This is my immediate area of interest. I expect a pullback into this zone on market open, which could offer a high-probability long setup.
- Break Below? If price slices through this zone, I’ll be watching the $3330–$3320 demand area for signs of absorption and reversal.
🧠 Macro Context:
- The U.S. strike marks a historic escalation, with Trump declaring the nuclear sites “completely and totally obliterated”.
- Iran’s expected retaliation could further destabilize the region, fueling safe haven flows into gold.
- Central banks remain net buyers of gold, and with inflation still lurking, real yields remain a key driver.
📊 Confluence Factors:
- Rising volume on bullish candles
- RSI holding above 50 on higher timeframes
- DXY showing signs of topping out
- VIX creeping higher—risk-off sentiment brewing
📌 Final Thoughts:
Gold is no longer just a hedge—it’s becoming a statement. In a world where headlines move markets, XAUUSD is poised to benefit from both fear and fundamentals. I’ll be watching price action closely at the open, ready to strike if the setup aligns.
Trade closed: stop reached
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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.
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.