Core Market Overview
Two weeks after Trump announced a pause on military strikes against Iran, gold surged from $4,740 and stabilized firmly above $4,800. The core driver has shifted from “immediate war risk aversion” to a four-way resonance: prolonged crisis, rising rate hike expectations, short covering, and technical short squeeze. Bulls dominate intraday, but high-level profit-taking and data risks will increase volatility.
Trading Plan
Long (Buy the Dip – Main Strategy)
Entry: 4800–4810 / Pullback to 4780 (stable)
Stop Loss: 4765 / 4695
Take Profit: 4830–4850, extend to 4880 on breakout
Short (Light Position – Secondary Strategy)
Entry: 4810–4820 (resistance)
Stop Loss: 4830
Take Profit: 4780–4750
Risk Management Rules
Primary focus: Buy dips, avoid chasing highs
Caution: Sharp pullbacks from profit-taking & data releases
Trade light, no holding losing positions, no averaging down
Short-term, quick in/out before geopolitical & macro data releases
Core View
Short-term bullish structure intact, strong sideways bias at highs. Geopolitical uncertainty and capital flow support gold; pullbacks are buying opportunities. Strict discipline is key.