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Gold Price Forecast: XAU/USD Rally Fails After Iran Spike- 5% Drop Snaps Four-Week Streak
Gold’s advance stalled after a brief geopolitical spike pushed prices into resistance, with the market reversing sharply earlier in the week before stabilizing into the close. Although XAU/USD has managed to recover part of the initial drop, the failure to secure a sustained break above resistance leaves the broader rally at an inflection point. With momentum stretched on higher timeframes and price now consolidating beneath a key ceiling, the focus shifts to whether buyers can reassert control or if the pullback extends into a deeper corrective phase. Battle lines drawn on the XAU/USD weekly technical chart. In ... (full story)
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From @realDonaldTrump|Mar 7, 2026|36 comments
The United Kingdom, our once Great Ally, maybe the Greatest of them all, is finally giving serious thought to sending two aircraft carriers to the Middle East. That’s OK, Prime Minister Starmer, we don’t need them any longer — But we will remember. We don’t need people that join Wars after we’ve already won! President DONALD J. TRUMP
From youtube.com/scopemarkets|Mar 7, 2026|1 commentThe Iran conflict enters its second week, sending shockwaves through energy markets and raising the stakes for global inflation. In this week’s market outlook, Scope Markets’ ...
From @DeItaone|Mar 7, 2026|26 comments*IRAN'S ARAGHCHI: IF TRUMP WANTS ESCALATION HE'LL GET IT President Pezeshkian expressed openness to de-escalation within our region-provided that our neighbors' airspace, territory, and waters are not used to attack the Iranian People. Gesture to our neighbors was almost immediately killed by President Trump. My statement: pic.twitter.com/tnyCWTTqaj
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From marctomarket.com|Mar 7, 2026The Middle East war changes everything. And President Trump's demand for an unconditional surrender makes a near-term off-ramp more difficult to envision. Moreover, the impact ...
From cruxinvestor.com|Mar 8, 2026|2 commentsSafe-haven demand in precious metals has historically concentrated in gold, which benefits most directly from monetary uncertainty, geopolitical instability, and concerns about ...
From kitco.com|Mar 8, 2026As suggested was the probability in my last writing, gold outperformed silver this week, and an update to the charts indicates gold's outperformance remains probable. Below is ...
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- Mar 7, 2026 7:00pm Posted byTechnical Analysis511.1K
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