Gold Cooling After Spike – $3375 Key Level to Watch

前天

By analyzing the gold chart on the 4-hour timeframe, we can see that after surging to $3450 amid the Iran–Israel conflict, gold faced a pullback following a liquidity sweep above that level.

Currently, gold is trading around $3392, and after a potential correction down to $3375, I expect to see further upside movement.

⚠️ Stay cautious — gold remains highly volatile and sudden moves are likely!

前天

交易進行

This recent surge in gold was directly fueled by escalating tensions between Iran and Israel, following reported Israeli airstrikes on Iranian military and missile facilities — including sites in Kermanshah and Tabriz. Iran has responded with threats of retaliation and potential strategic moves, including hints at exiting the Nuclear Non-Proliferation Treaty (NPT) and disrupting shipping in the Strait of Hormuz.

As long as price holds above $3375, the bullish bias remains valid. Continued geopolitical risk could push gold toward new highs, while a confirmed break below this level may shift the short-term structure.
Given the unpredictable nature of current events, traders should remain alert and manage risk closely.