Trend AnalysisGoldOANDA:XAUUSDsobtirubal7Current Price Action: Gold is trading around $5,131 – $5,153, recovering from a Tuesday low of $4,996 that successfully tested a major psychological support level. Market Structure (SMC): Your chart identifies a Market Structure Shift (MSS) and multiple Breaks of Structure (BOS). Analysts note that price recently swept liquidity below weekly lows and is now re-accumulating within a "Minor Zone" (approx. $5,060–$5,090). fundamental Outlook The primary driver for the current trend is safe-haven demand fueled by extreme geopolitical escalation in the Middle East, including reported military strikes involving the U.S., Israel, and Iran. While aggressive profit-taking and a stronger U.S. Dollar caused the recent 5–6% dip, structural factors—such as central bank buying and global de-dollarization—continue to provide a "floor" for prices.