Gold analysis is a technical perspective with a geopolitical background. For PEPPERSTONE:XAUUSD by Sajad_ayad — TradingView

Gold is returning to reaffirm its safe-haven status, supporting a positive short-term outlook given the escalating geopolitical tensions in the region, especially following questions about the success of the ceasefire agreement and Iran’s statements about violations and continued bombing in Lebanon.

🔍Artistic view

After retesting areas of strong demand, prices are now trading within important ranges, showing signs of consolidation, supporting the possibility of a resumption of gains.

Pivot support area: 4,674
Secondary demand area: 4,620 – 4,600
First resistance level: 4,820
Main Resistance: 4,890
📈 Positive (possible) situation
The price remains above 4,674 as confirmation signals such as a reversal candle or a structural breakout emerge.
position:
🎯 First goal: 4,820
🎯Second target: 4,890

💡A clear breakout of the 4820 area will enhance the upward momentum and open the way to new highs.

⚠️Alternate scenes

If the 4,674 level is breached and closed clearly:

We may see retesting in areas with lower demand:
4,620
then 4,600

Here the price comes back and tries to rebuild momentum again.

🌍Basic supporting factors
Geopolitical tensions continue to escalate, and the fate of the armistice is unclear.
Increased demand for safe assets.
The potential for increased volatility in global markets.

🧠 Conclusion
If the current trend holds above 4,674, the bias will be positive and it will tend to continue higher towards 4,820 and then 4,890.
However, confirmation of entry remains tied to the emergence of clear technical signals supporting the move.