Since the beginning, the war has strongly affected gold, and we saw a sharp decline in gold from the start!

What is the current impact of the war now that Trump considers extending it?

If you remember, when the war first started, we warned of a strong decline, even though everyone expected the war to make gold positive, but the opposite happened, and gold dropped sharply from around 5300 to 4100 dollars, and many people criticized me heavily!!!

And currently, in my opinion, the opposite is happening!
Many people say that Trump is escalating the war situation, so the expected outcome is a decline to lower numbers, but what is happening on the chart does not align with this scenario right now!!!!

Gold, as it is clear to us now, is holding above 4600 dollars, which is the most important support level right now!
As long as gold trades above it, I expect the positivity to continue and for the 5300 dollar levels to return!!

Initially, the current goal is to break through 4800 dollars, and then the most important signal to watch for is a return to 5000 dollars.
At that point, I will be bullish strongly, with numbers possibly reaching at least 6000 dollars!!!

Of course, the opposite is true if it drops to 4500 dollars; then 4000 dollars could return again.
But currently, this scenario is unlikely because gold is not reacting negatively to the war!!!

Right now, I am monitoring and will update constantly, but the positivity is still present, and we expect the upward trend to continue...
$XAUUSD $XAUUSD200 $XAUUSD20
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