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Dear A8 members, the weekend break is almost over, the market opens tomorrow, and I’ve already drawn the gold trend chart for next week~ (Take a look at the chart below 👇)
The current situation is very interesting, with the US and Iran’s game resembling a large-scale script murder, with Trump trying to "bullish" and Iran more like a "bear" avatar. Currently, the dark market trend is a bit weak, so there’s a high probability of a low open on Monday, so everyone should have a clear understanding.
💡 Here are a few key coordinates to remember:
Safety cushion: If there’s a pullback, 4710 below is a critical support level.
Ceiling: Focus on 4900; breaking through this barrier, we can see the beautiful scenery of 5050.
I am providing a long-term weekly outlook. The intraday short-term variables are many, so don’t rush into the market. I will stay in front of the real trading screen, and we can act together after reviewing the real-time data~ Stay patient, good luck will come naturally! Love you all 😙$XAUUSD