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Trump’s Davos warning keeps gold on strong uptrend OANDA:XAUUSD By Jeremy_NPC — TradingView


Market background (news → traffic)

Trump’s remarks in Davos, including renewed threats and pressure on Greenland, heightened geopolitical uncertainty during the Asian session.
The market reacts in a classic way to avoid risk:

Political uncertainty leads to weaker dollar

Stocks hesitate, risk appetite fades

Safe-haven flows into gold drive momentum higher

Gold doesn’t fluctuate in response to speculation – it responds to capital seeking protection.

Technical Structure (H1 – SMC)

The overall structure remains bullish, confirmed by multiple banks

Price is trending within a clear ascending channel

Recent pullback respects bullish FVG, shows strong demand

There is no bearish acceptance under the structure at this time

➡️Respect FVG → continuation is still valid

key decision areas

Highest FVG: 4,765.425

Medium support: 4,727.188

Current rebound high: 4,883.900

These are reaction zones, not chase levels.

Scenario (if – then)

Base case – trend continuation

If the price remains above 4,765.425

Bullish structure remains unchanged

Gold could continue its push towards higher channel resistance

Another scenario – technical decline

If the price loses 4,765.425

A fall towards 4,727.188 could lead to a rebalance

Only a H1 close significantly below 4,727.188 would weaken the bullish bias

generalize

Geopolitical rhetoric accelerates volatility, but structure still drives the narrative.

Gold doesn’t react emotionally – it prices risk.



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