By analyzing the gold chart on the lower timeframe, we can see that today, following Israel's missile and airstrike attacks on Iran, gold experienced a sharp rally. As anticipated last night, gold finally managed to break through the strong $3400 resistance, surging over 600 pips to reach $3447.
Currently, gold is trading around $3438, and given the escalation in geopolitical tensions, I expect further upside movement.
The next potential targets are $3449, $3469, and possibly $3500.
⚠️ Due to ongoing conflict and extreme volatility, it's advised to avoid trading or proceed only with minimal risk exposure.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Currently, gold is trading around $3438, and given the escalation in geopolitical tensions, I expect further upside movement.
The next potential targets are $3449, $3469, and possibly $3500.
⚠️ Due to ongoing conflict and extreme volatility, it's advised to avoid trading or proceed only with minimal risk exposure.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
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.