Wishing everyone a peaceful weekend—despite turbulent times.
This weekend has been anything but calm. The escalating conflict in the Middle East continues to widen, with rising casualties. As always, war is often a pursuit of power by those at the top, while the real cost is borne by innocent civilians. Though we are mere observers from afar, it’s hard not to feel the weight of the situation.
From a geopolitical perspective, this conflict coincides with U.S.–Iran nuclear negotiations. Could this be a calculated move by certain powers to shift the balance in their favor? While it remains speculative, what’s certain is that the intensifying conflict is already shaking global financial markets.
In such a climate, safe-haven assets are clearly benefiting. Gold’s upward momentum appears firmly established, and oil’s direction hinges on the situation at the Strait of Hormuz. If the strait is closed, a surge in USOIL prices toward $100 would no longer seem unlikely.
Under the influence of such impactful news, traditional technical analysis plays a lesser role. The market direction is largely determined by sentiment, and chart patterns now serve more as entry point references rather than decisive indicators.
My trading outlook for Monday:
If gold opens with a bullish gap and rallies toward the 3480–3500 zone, this area could present a short-term selling opportunity—ideally executed with a quick in-and-out strategy;
If a pullback follows, look to build intraday long positions: aggressive traders may consider entries near 3430, while conservative ones can wait for a potential retest of the 3418 level.
One crucial reminder: News-driven markets are highly uncertain. Eventually, every war comes to an end, and when the demand for safe havens fades, so too will prices. Stay rational in your decisions, and always manage your risk appropriately.
This weekend has been anything but calm. The escalating conflict in the Middle East continues to widen, with rising casualties. As always, war is often a pursuit of power by those at the top, while the real cost is borne by innocent civilians. Though we are mere observers from afar, it’s hard not to feel the weight of the situation.
From a geopolitical perspective, this conflict coincides with U.S.–Iran nuclear negotiations. Could this be a calculated move by certain powers to shift the balance in their favor? While it remains speculative, what’s certain is that the intensifying conflict is already shaking global financial markets.
In such a climate, safe-haven assets are clearly benefiting. Gold’s upward momentum appears firmly established, and oil’s direction hinges on the situation at the Strait of Hormuz. If the strait is closed, a surge in USOIL prices toward $100 would no longer seem unlikely.
Under the influence of such impactful news, traditional technical analysis plays a lesser role. The market direction is largely determined by sentiment, and chart patterns now serve more as entry point references rather than decisive indicators.
My trading outlook for Monday:
If gold opens with a bullish gap and rallies toward the 3480–3500 zone, this area could present a short-term selling opportunity—ideally executed with a quick in-and-out strategy;
If a pullback follows, look to build intraday long positions: aggressive traders may consider entries near 3430, while conservative ones can wait for a potential retest of the 3418 level.
One crucial reminder: News-driven markets are highly uncertain. Eventually, every war comes to an end, and when the demand for safe havens fades, so too will prices. Stay rational in your decisions, and always manage your risk appropriately.
Note
Gold opened with a bullish gap today but has since pulled back, largely in line with our overall strategy. However, the extent of the gap and the strength of the rally were somewhat below expectations, suggesting that despite geopolitical catalysts, market participants remain cautious.Given this environment, our trading approach should also be more measured—pursuing opportunities while ensuring risk remains under control.
For today, the broader trading range is expected to be 3410–3500, with a narrower intraday range between 3430–3477. Stay adaptive to price movements and maintain a disciplined, steady trading rhythm.
Trade active
Gold has rebounded after testing support near 3410, showing short-term strength. Focus on the 3423–3428 resistance zone—if the price breaks above this level decisively, it is likely to rally further toward the 3450 area.
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Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Related publications
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.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Related publications
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.