The situation in Iran worsened over the weekend and the market was turbulent!

On Sunday (March 1), the weekend’s sharp deterioration in the situation in Iran – especially the joint US-Israeli military operation that led to the assassination of Iran’s Supreme Leader Ayatollah Ali Khamenei, the subsequent missile response, and the virtual paralysis of the Strait of Hormuz – is expected to trigger an unprecedented storm in financial markets when the market opens on Monday.

Looking back on the past week, markets showed extreme anxiety heading into the close as geopolitical risks escalated. On Friday (February 27), global financial markets were closed, and major asset classes were at important technical levels: spot gold rose to around $5,280, Brent crude oil remained above $73, and the decline in the U.S. 10-year Treasury bond yield accelerated, falling below the 3.95% level. Overall, the data suggest that market sentiment has shifted from volatility to a clear risk-off bias ahead of major emergencies.

First: Major events escalated over the weekend 🔥 According to the latest news, the situation deteriorated sharply over the weekend, with the following main developments:

1️⃣The killing of key figures triggered a geopolitical crisis💥Multiple reliable media confirmed that Iran’s supreme leader was killed in a recent joint US-Israeli operation. With the release of relevant videos, the authenticity of the incident is gradually confirmed. It is undoubtedly a historical event that will change the course of history!

2️⃣Succession doubts have increased, and confrontation expectations have increased⚔️Institutional assessments show that potential successors have close ties with the Islamic Revolutionary Guard Corps, suggesting that Iran’s foreign policy may be more confrontational in the future, and geopolitical risk premiums will continue to rise.
… 3️⃣The “Life Energy Corridor” is severely paralyzed🛑The situation in the Strait of Hormuz is the most worrying signal for the market! Although the official statement is that the Strait of Hormuz remains open, actual data shows that the speed of tankers in surrounding areas has generally dropped to zero. A large number of oil tankers stopped operating to avoid danger, which means that about 20% of the world’s oil supply routes are actually paralyzed! This fact, and not just a statement, will be the direct reason why oil prices gapped higher on Monday and will also lead to higher global inflation expectations.

Gold technical analysis: The king of safe havens in the bull market 👑Technical review: On Friday, the spot gold price rebounded strongly, reaching a maximum of $5280.70✨, far exceeding the upper boundary of the Bollinger Band indicator ($5250.00). The moving averages perfectly match the bullish pattern and MACD continues to expand, indicating strong upward momentum!

My personal opinion: Seeing such a style of painting, I can only say: gold is moving towards new heights! 🚀 In major geopolitical events, technical and fundamentals perfectly match; such opportunities are indeed rare!

Trend analysis next week: 📝When a large-scale conflict breaks out in the Middle East on Saturday, gold’s appeal as a safe-haven asset will increase. As rising oil prices push up global inflation expectations, demand for gold as a safe haven and as an inflation hedge will be boosted. 💫 There are currently no signs of a breakthrough in the conflict, and the possibility of Iran’s response and the United States increasing military intervention is very high. The geopolitical risk premium will continue to play a role in gold prices and become the main force for investor bullishness next week!

There was a strong break above the previous resistance at $5,200 on Friday, which has now turned into strong support after the trend reversed! The daily EMA shows an uptrend and the 4-hour chart shows price moving along the upper Bollinger Bands, indicating a complete bullish structure with strong momentum. 📈Closing near $5,280 means that the short-term correction space is significantly reduced, and a bullish gap is likely to appear at the opening of next week, pointing directly to the $5,300-5,350 range!

If the price can break above the $5,350 level, the next target will be above the previous high of $5,400 and possibly a new high! In this strong trend, buyers will continue to maintain the upward momentum and any pullback is a buying opportunity! 🎯

three. Gold trading strategy for next week💼Through the 4-hour chart, focus on the resistance level 5370-5380 and the short-term support level 5225-5230, with special attention to the support level 5196-5203. The recommended strategy is to take a more conservative approach by buying when prices are falling.

Trading strategy: 💰

1. Buy gold when the price drops to 5225-5230, increase the transaction size when it drops to 5196-5203, set the stop loss order at 5187, and target 5350-5370. If the price exceeds this level, the transaction will continue;

Fourth: Market expectations and trading suggestions for next week 🔮The market is expected to experience large fluctuations next week! Geopolitical risks will continue to escalate, and safe-haven demand will dominate the market, which may push gold prices to new highs! However, high volatility also means high risk, so precise entry and exit timing is crucial!

📢 If your current transaction is not going well, or you have an open position that needs to be closed, please feel free to contact us! We will provide you with real-time market analysis and strategic planning to help you seize opportunities in this historic market event and avoid unnecessary investment mistakes!

📱I will provide you with specific trading strategies after the market opens. Follow us and let us overcome this financial crisis and seize the opportunities together! 🌈