War Fear Driving Gold: Iran-Israel Conflict Fuels Breakout!

13 Jun

Hello Evevryone, let's discuss about Gold today as it has officially broken out of its parallel (Neutral bullish) channel with a powerful candle backed by massive volume surge, confirming strong buying interest — likely driven by safe-haven demand amid the rising Iran-Israel conflict. The breakout above 3444–3410 zone indicates a potential trend continuation setup where price may now retest the breakout area before pushing higher.

This move isn’t just technical — it’s fundamentally supported by fear in global markets. Whenever war fears rise, investors rush towards Gold to hedge their capital. That’s exactly what this spike reflects.

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Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.

17 Jun

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