Current Price: ~$3,425–3,445/oz
Recent Move: Gold rallied over 1.7% in a single day, hitting a near 2-month high.
Volume: High futures volume and strong open interest show that institutional and retail investors are entering long positions.
---
🔍 Fundamental Factors Driving Gold
✅ 1. Safe-Haven Demand (Bullish for Gold)
War between Israel and Iran brings regional and global uncertainty.
Gold benefits as capital flows out of equities and risky currencies into safe assets.
If the war escalates or spreads, expect gold to gain further.
✅ 2. Oil Price Spike (Stagflation Risk)
Brent and WTI crude jumped 5–10% on war news.
Higher oil → higher inflation → potential for stagflation → boosts gold demand as a hedge.
⚖️ 3. Federal Reserve Policy (Mixed but Leaning Bullish)
U.S. inflation data is cooling, increasing expectations of a rate cut in September.
A dovish Fed weakens the USD → makes gold more attractive.
✅ 4. Central Bank Buying
Emerging market central banks continue to accumulate gold, reinforcing long-term demand support.
---
🧭 XAUUSD: Next Move Forecast
🟢 Bullish Scenario (Most Likely if War Escalates)
Target: $3,500 short-term
Catalysts:
Continued strikes or retaliation from Iran
Oil breaking above $90+
Fed signaling rate cuts soon
Resistance Levels: $3,450 → $3,480 → $3,500
If breached, $3,600 comes into view.
🟡 Neutral Scenario (If Conflict Stabilizes Temporarily)
Range-bound in $3,400–3,450 zone
Market waits for clarity from:
Ceasefire talks
Fed's next meeting
Inflation and jobs data
Recent Move: Gold rallied over 1.7% in a single day, hitting a near 2-month high.
Volume: High futures volume and strong open interest show that institutional and retail investors are entering long positions.
---
🔍 Fundamental Factors Driving Gold
✅ 1. Safe-Haven Demand (Bullish for Gold)
War between Israel and Iran brings regional and global uncertainty.
Gold benefits as capital flows out of equities and risky currencies into safe assets.
If the war escalates or spreads, expect gold to gain further.
✅ 2. Oil Price Spike (Stagflation Risk)
Brent and WTI crude jumped 5–10% on war news.
Higher oil → higher inflation → potential for stagflation → boosts gold demand as a hedge.
⚖️ 3. Federal Reserve Policy (Mixed but Leaning Bullish)
U.S. inflation data is cooling, increasing expectations of a rate cut in September.
A dovish Fed weakens the USD → makes gold more attractive.
✅ 4. Central Bank Buying
Emerging market central banks continue to accumulate gold, reinforcing long-term demand support.
---
🧭 XAUUSD: Next Move Forecast
🟢 Bullish Scenario (Most Likely if War Escalates)
Target: $3,500 short-term
Catalysts:
Continued strikes or retaliation from Iran
Oil breaking above $90+
Fed signaling rate cuts soon
Resistance Levels: $3,450 → $3,480 → $3,500
If breached, $3,600 comes into view.
🟡 Neutral Scenario (If Conflict Stabilizes Temporarily)
Range-bound in $3,400–3,450 zone
Market waits for clarity from:
Ceasefire talks
Fed's next meeting
Inflation and jobs data
Trade closed: target reached
enjoy the profits
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Disclaimer
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TELEGRAM CHANNEL CLICK HERE
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
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.