Gold Price Breaks $4800?Gold vs US DollarPEPPERSTONE:XAUUSDFR_GoldGuideGold Price Breaks $4800? Monday's trading precisely captured two upward moves at $4638 and $4665. On Tuesday, a precise short position was taken at $4658, resulting in three profitable trades and a net profit of 620 points. Last night, gold prices experienced a strong V-shaped reversal from around $4607 and broke through and held above $4700 after the Asian trading session opened today. With the US-Iran ultimatum expiring, market news is mixed, and safe-haven demand is dominating. If the situation escalates, Iran's allies may push for the closure of the Bab el-Mandeb Strait. Ahead of the final outcome, the market is choosing to buy gold as a safe-haven asset. The market has largely ruled out the possibility of an interest rate cut in 2026. This means gold will face a tug-of-war between "safe-haven buying" and "high interest rate pressure." As shown in the chart: The 4-hour bearish flag pattern has been broken and held above $4750, with a bullish target of $4800-$4900. Trading Strategy: If the price retraces to the $4700-$4720 area and stabilizes, consider buying on dips. Stop-loss at $4680. Target price: $4760-$4780. If the price breaks directly above $4770, consider establishing a small position with a target price of $4800. ⚠️ Key Risks The outcome of the ultimatum will determine the gold price trend: Agreement reached → Gold price plummets to $4650; escalating conflict → Gold price surges above $4800. Market conditions are constantly changing. If you find monitoring the market alone too tiring, consider following me. I will monitor the market for you, and we will execute trades together.