Weekly Gold Trading Plan

Tensions in the Middle East have once again become a focus of global financial markets following recent attacks by the United States and Israel on Iran that killed many senior Iranian leaders.

Currently, three scenarios are mainly discussed:

1️⃣ Iran is weakening rapidly after the attack
2️⃣ Conflict is spreading in the Middle East
3️⃣ Short-term conflicts subsequently eased

Personally, I think the most likely scenario is that the short-term conflict eventually subsides.

This means:

War news could cause sharp short-term fluctuations in gold prices.

However, whether gold can reach a new ATH (all-time high) will largely depend on the extent to which geopolitical tensions escalate.

From my perspective, I don’t like strong escalation scenarios, so I prefer to trade based on key price levels and market structure rather than chasing headlines.

In addition, affected by geopolitical news, the market is currently experiencing gaps and slippage has increased significantly.

Therefore, traders should pay extra attention to risk management and position sizing.

Trading plan for this week

Main strategies:
It is better to wait for a correction and buy with the trend.

Support area (purchase area)

5305 | 5305 5279–5280 (gap) | 5250 | 5250 5238–5240 | 5170 | 5130

Resistance Zone/Sell Target

5400 | 5400 5415 | 5415 5445–5450 | 5499–5500 | 5560 | 5560 5600

Market structure decision-making areas

5150 – 5130

If the price falls below this area, the market structure may shift from bullish to bearish.

Comment

• War news often causes short-term fluctuations
• Markets may gap and increase slippage
• Avoid trading out of fear of missing the headlines

The main principles remain:

Trading levels – not news.

💬What are your thoughts on gold this week?

Will gold continue to expand towards 5500+?

Or will the market fall deeper before the next move higher?

Feel free to share your opinions or trading scenarios in the comments so we can discuss different perspectives together.

I wish you all a disciplined and profitable trading week.

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