XAUUSD GOLD the last day of the market for the week

Today marks the last trading days of the week, and it seems it will end without reaching an agreement regarding the cessation of war in the Middle East. There are sources confirming a strike against Iran over the weekend, and Iran is threatening a strong retaliation. Therefore, it appears that price increases are more likely than decreases.

The pivotal zone ranges from 2372 to 2367; it can resist and push prices up towards targets around 2404. If this zone is breached, we'll encounter a very strong zone starting from 2357 to 2347.

There is fear among banks and major investors that the market may be hit with rapid strikes, so be cautious with your capital.

Good luck