With the U.S. entering the Iran conflict, Gold’s flight to safety narrative may be reigniting. Price recently faked a range break and snapped back inside a key trendline—potentially setting the stage. This idea anticipates one final pullback to form a micro head-and-shoulders, offering a cleaner long entry before a push to new highs. Confirmation still needed, but the structure is aligning.
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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.