Just looked at the gold chart this morning. Currently, the price is still swinging around at $4,800 amid news of peace negotiations in Islamabad, which seem to be a game of bargaining with no clear end in sight. The US just seized an Iranian cargo ship, and Iran has outright refused to negotiate. The market is very tense, wondering if further clashes will occur.

From a global analyst's perspective, the forecast for gold prices today still leans upward. Although short-term pressure from uncertainty may exist, the overall outlook for the second half of the year remains bullish, with a target of around $4,850 in Q3. Looking at the technical chart, the price staying above the EMA 200 at $4,785 is a positive sign, but momentum is moderate. The market is in a wait-and-see mode pending negotiation results.

Personally, I think if you're a beginner, today is best to wait. No need to rush into buying. Wait for the price to pull back near $4,750-$4,785, which would be a better entry point. But if you’re willing to take risks, I’d say today’s forecast for gold is to buy on dips at $4,785, set a stop loss at $4,760, with a target of $4,815-$4,839—that’s not bad. Or if the war situation escalates seriously, the price might not dip at all. Therefore, dollar-cost averaging (DCA) is the safest approach. The market is volatile right now; it’s better to wait for clear signals from the negotiations before making moves.