GOLD - Geopolitics and two scenarios... Gold vs US DollarICMARKETS:XAUUSDRLindaGold, under downward pressure, is testing the 4,668 support level. However, technical factors are weak against the backdrop of fundamental and geopolitical developments. Iran may resume negotiations... Gold remains under pressure due to a combination of strong U.S. data and geopolitical uncertainty, which is driving investors toward the dollar rather than gold. However, the second round of peace talks between the US and Iran is expected to begin today. If the talks take place, combined with positive signals, this could push gold higher. I know how much you dislike two scenarios, but under current circumstances, we need to be prepared for anything. Two triggers: 4711 (4715) — consolidation above this zone could confirm the end of the correction and trigger a move toward 4800–4880. And support at 4670... Resistance levels: 4711–4715, 4795 Support levels: 4668, 4644, 4600 However, a negative outcome of the negotiations and an escalation of the conflict could increase pressure on gold due to a potential rise in oil prices. In that case, the market may break through 4670 and head toward 4600. Stay tuned for updates! Best regards, R. Linda!