GOLD: Will It Rebound or Fall?

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📌 Highlights

• The Middle East is heating up again following reports of U.S. airstrikes on Iran and tightened restrictions on oil sales.

• On the H3 timeframe, price is still moving sideways within a consolidation zone, with candles showing both upper and lower wicks, indicating strong tug-of-war between buyers and sellers.

📌 Trading Plan

Resistance: 4170 | 4190–4200 | 4225 | 4250–4260 | 4300–4325

Support: 4095 | 4060 | 4030 | 3970

📌 Personal View

✅ Price is still fluctuating within the H3 sideways range.

✅ Watch price reactions within the 4092–4105 and 4133–4145 zones.

✅ As long as the range is not broken, prioritize trading based on price reactions.

✅ Trade in the direction of the breakout once a zone is broken.

📌 What do you think?

Will gold break upward due to geopolitical factors, or continue to decline following the main trend?

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