Wiiso

🟡 GOLD - Macro Fuel Meets Technical Momentum Trade Levels InsideGold continues to flex its haven status as geopolitical tensions flare once again—this time triggered by reports of a U.S. airstrike on Iranian nuclear facilities. That headline risk has lit the fuse under precious metals, and the reaction in futures markets has been swift.Friday’s intraday washout—largely driven by hopes that President Trump would opt for diplomacy—was short-lived. The strong recovery into New York close left a long lower shadow, signaling buyers are already pricing in weekend escalation risk.💡 Macro View:- Analysts project a move toward $3,500–$3,700, driven by a twin-engine of geopolitical instability and sticky inflation.- Central banks are staying long; ETF inflows are ticking up—this isn’t just speculative hype.- Goldman’s base case: $3,700 EOY, $4,000 by mid-2026. Recession/volatility scenarios stretch targets up to $4,500.🔧 Technical Setup:- Bias across all time frames remains bullish. Open float pressure is stacking with long-side conviction.- Key long trigger zone sits between $3,369–$3,375—I’m watching for confirmation here.- Profit targets:- First resistance: $3,440.48- Second target: $3,500 zone- Stretch: $3,520+ if volatility expands

XAUUSD Monthly and Daily Chart AnalysisIn the monthly chart of XAUUSD, we observe a significant price overextension, where the market has been aggressively buying for several months. This type of upward momentum often signals that a correction or retracement could be approaching soon.When we zoom into the daily chart, we notice signs that the price is ready to initiate a bearish move, at least a small downward correction. The market may begin to shift as buyers take profits or as sell orders increase in reaction to the extended price..