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#XAUUSD perfectly reflects the situation just before the 1979 crisis.
Similar chart, but 50 years apart.
1979: Iran War → Oil prices double → Chaos → Sharp decline
2026: Iran War → Oil prices double → Right now
The same pattern. The same situation. Will history repeat itself? We started the rally at $25xx and now will it return to that level after one final upward correction?
Disclaimer: The views expressed in this article are entirely my personal views and do not represent this platform in any way. This article is not intended as investment advice.