While market sentiment has improved somewhat, we cannot be complacent—the underlying geopolitical risk premium remains strong. The US is doubling down its maritime blockade of the Strait of Hormuz, restricting the transport of Iranian oil. Controlling this strategic location remains crucial. Cautious optimism? Certainly. But blindly chasing the rally? That will only catch you off guard.
Key levels to watch today:
Resistance is at 4830-4840. If it fails to hold, we will return to a consolidation or weakening phase.
Strong support: 4700-4710. This is a key support line.
If it can effectively break through and close above 4840, the target will be 4900-4930.
Now, some may ask, "Wait—you were bullish before, why are you bearish now?" No. In short: our overall investment bias remains long. But timing is crucial. When encountering key points like these, we will reduce our investment. We will not blindly follow the crowd into long positions. The real entry point is after a proper market decline—let it come naturally.
Stay flexible.
XAUUSD GOLD GOLD $FXOPEN:XAUUSD
Key levels to watch today:
Resistance is at 4830-4840. If it fails to hold, we will return to a consolidation or weakening phase.
Strong support: 4700-4710. This is a key support line.
If it can effectively break through and close above 4840, the target will be 4900-4930.
Now, some may ask, "Wait—you were bullish before, why are you bearish now?" No. In short: our overall investment bias remains long. But timing is crucial. When encountering key points like these, we will reduce our investment. We will not blindly follow the crowd into long positions. The real entry point is after a proper market decline—let it come naturally.
Stay flexible.
XAUUSD GOLD GOLD $FXOPEN:XAUUSD 
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.