Zong Xiaoli: The Middle East situation has temporarily eased, and there are new ideas for gold. What's the next step?

With Old Trump forcefully pushing the U.S.-Iran negotiations, we can clearly feel that the situation in the Middle East has indeed shown signs of easing. The current state of affairs is as follows: Big Beautiful first提出15点要求, then 阿朗 offered 5 counter-suggestions, and today early in the morning, the senior officials of 阿郎 revealed their commitment to fully ending the war. All these point to the fact that the Middle East situation has indeed eased, gradually shifting from the previous high-intensity state to a new phase of “talking while fighting”…

This phase will undoubtedly have a significant impact on the current market, as the overall shift in the situation will affect market sentiment, thereby alleviating panic towards the dollar, moderately lowering oil prices, and indirectly easing the surge in domestic inflation in 大漂亮. Based on the information currently available, these developments are slowly advancing and starting to have an impact.

So, in this context,

Where does gold go from here?

Xiaoli believes that after receiving news of a temporary easing in the situation, gold will also begin to change, shifting from the previous state of significant pressure to the current state of a tug-of-war between bulls and bears. In other words, gold had previously been under immense pressure, needing to find opportunities to short, but now it has gradually entered a wide fluctuation state. Starting today, the approach to gold trading has shifted from solely bearish to a situation where both bullish and bearish positions can be considered; this is something everyone needs to grasp.

As for the trading strategy, Xiaoli suggests that starting today, traders can selectively long gold at a high estimate and a low point. As long as the market reaches suitable resistance and support levels, moderate trading can be executed. After all, getting caught in a fluctuation means there are opportunities to go long at lower prices. Therefore, if gold prices can enter a suitable range today, there will be good entry opportunities. Everyone should pay attention to the change in rhythm and be ready to seize the opportunity!