Yesterday, while CPI data boosted gold, the Middle East situation remained on the brink of explosion.
The regional tensions in the Middle East have escalated sharply. Religious differences and historical disputes have deepened the contradictions between the two nations, while the nuclear issue has further intensified the conflict. Iran insists its nuclear program is for peaceful purposes, but Israel has long alleged that Iran is secretly developing nuclear weapons, posing a significant threat to Israel's national security.
Recently, CBS News cited U.S. sources reporting that Israel is fully prepared to launch military operations against Iran. If Israel strikes Iran, Iran will inevitably fight back, potentially igniting all-out war in the Middle East. As a major global oil-producing region, turmoil in the Middle East will inevitably trigger sharp fluctuations in international oil prices, thereby impacting the global economy and drastically escalating market risk aversion.
Against this backdrop, gold, as a traditional safe-haven asset, has been hotly pursued by investors. Given that the current tension between Israel and Iran far exceeds previous levels, if all-out war breaks out, gold's safe-haven properties will be further activated, with prices likely to break through previous highs and continue to rise sharply. However, if the situation is controlled or eased in the short term, gold prices may drop rapidly as risk aversion subsides.
After breaking through the resistance of the narrow range at $3,350 and hitting $3,360 yesterday, gold prices pulled back to around $3,320. The current trading range is $3,330 - $3,380.
With the recent stable breakout, shorting is not advisable for now. The optimal strategy is to go long on pullbacks.
XAU/USD
buy@3340-3350
tp:3370-3380-3400
sl:3320
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
The regional tensions in the Middle East have escalated sharply. Religious differences and historical disputes have deepened the contradictions between the two nations, while the nuclear issue has further intensified the conflict. Iran insists its nuclear program is for peaceful purposes, but Israel has long alleged that Iran is secretly developing nuclear weapons, posing a significant threat to Israel's national security.
Recently, CBS News cited U.S. sources reporting that Israel is fully prepared to launch military operations against Iran. If Israel strikes Iran, Iran will inevitably fight back, potentially igniting all-out war in the Middle East. As a major global oil-producing region, turmoil in the Middle East will inevitably trigger sharp fluctuations in international oil prices, thereby impacting the global economy and drastically escalating market risk aversion.
Against this backdrop, gold, as a traditional safe-haven asset, has been hotly pursued by investors. Given that the current tension between Israel and Iran far exceeds previous levels, if all-out war breaks out, gold's safe-haven properties will be further activated, with prices likely to break through previous highs and continue to rise sharply. However, if the situation is controlled or eased in the short term, gold prices may drop rapidly as risk aversion subsides.
After breaking through the resistance of the narrow range at $3,350 and hitting $3,360 yesterday, gold prices pulled back to around $3,320. The current trading range is $3,330 - $3,380.
With the recent stable breakout, shorting is not advisable for now. The optimal strategy is to go long on pullbacks.
XAU/USD
buy@3340-3350
tp:3370-3380-3400
sl:3320
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Trade active
The current strategy has been profitable. Traders can close their positions and take profits at their own discretion.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
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t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
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.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
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.