Market background

Gold prices broke strongly above the 4600-462X resistance zone, driven by Trump’s comments that the conflict with Iran could end within 2-3 weeks.

The news boosted market sentiment and pushed the price higher, which is now approaching the important resistance area 472X-4750.

📈 Current Trends

Short term: Strong upside (high momentum)
Mid-term: testing important resistance

🎯 Important levels

Resistance levels: 4735–4750 | 4848–4853 | 4900–4912 | 5000
Support: 4650 | 4614 | 4530 | 4530 4485

⚔️Trading plan (mainly selling)

Sell ​​in the 4735-4750 area
Stop Loss: 4770 (~20 pips)
Take profit: RR 1:1 → 1:2 → 1:5

❌ Cancel scene

If there is a strong break above 4740 → stop selling
→ Look for selling opportunities at higher resistance levels

🔄 Reversal scene

If the price stabilizes above 4740
→ The possibility of continuing to rise to 4800 points (buy)

📌Conclusion

The 472X-4750 area is the resolution area.
Stable → Sell | Hack → Buy

💬What do you think?

Which direction are you in now?
👉 Sell at 47XX or wait for a breakout to buy?

Share your opinions and insights in the comments.

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