š The impact of the Middle East conflict on gold exhibits a three stage pattern: short term impulse, medium term divergence, and long term anchoring. Key focus on three core variables: oil price transmission, interest rate expectations, and USD strength.
š° A stronger US dollar and rising real yields directly weigh on gold prices. If the conflict strengthens USD credibility or tightens liquidity, goldās safe haven appeal may be offset.
ā Short term support: 4,380ā4,420 USD
ā Strong support: 4,300ā4,350 USD
š Resistance levels
ā Short term resistance: 4,380ā4,550 USD
ā Strong resistance: 4,600 USD
š Long only trading strategy
š¢ Entry range: 4,360ā4,400 USD
š¢ Short term take profit: 4,550ā4,600 USD
ā Risk warning
š„ Fed meetings, inflation data, and US Iran tensions are the biggest variables and may trigger sharp gaps.
š„ Strictly implement stop losses; avoid holding losing positions, do not overleverage, and limit single trade risk relative to total capital.