Next week: Will gold listen to the Fed…or the White House?
🔎 Context

Next week is likely to see wild swings as monetary and geopolitical policies synchronize.
Donald Trump has sent a tough signal, saying he could impose 100 per cent tariffs on Canadian goods if Canada reaches a trade deal with China, raising the risk of a trade war.
At the same time, military equipment and capabilities are being deployed widely near Iran, raising concerns about an escalation of the conflict.

👉 Safe-haven flows may return, and gold may open with a bullish gap this week and early demand emerges.

🧠Quick reading

Key Trend: Bullish

At the highs: A brief but sharp liquidity absorption shock/correction may occur

No need to guess at tops or bottoms – focus on price reaction in key areas

📌 Main monitoring level

🟢Support: 4920–4900 | 4890–4882 | 4850–4830 | 4660–4640
🔴Monitoring Resistors: 5006–5030–5090 | 5110–5115 | Current All Time High (ATH)

🎭 This week’s scene (for reference)

Early Week: Bullish Gap/Early Push

Ahead of FOMC meeting: Volatility and liquidity gather

Afterwards: Deeper correction or bottoming to continue the rally

👉 Is this a distribution from the top, or just a breakout before a new uptrend?

Source link