The Iran–U.S. nuclear talks are stirring up the market! Gold surges but hits resistance—whether 4800 is dead or alive depends on this one jolt

As soon as the second round of talks starts, crude oil first drops, while gold unexpectedly shows some toughness.

At the moment, the gold price is holding above 4760. Brothers, next keep a close eye on the pressure zone at 4780–4800.

Go up: If the gold price can truly hold above 4800, the bulls still have a chance. The next target is 4855–4865, and if it gets more aggressive, then the 4900 level.

If it drops: If 4780–4800 just can’t be pushed through no matter what, the pullback should first look toward 4740–4750; and if 4740 also can’t hold, then it will go straight to 4700.

Stabilization signal: As long as it can hold up above 4740, there’s a high likelihood it will bounce back.

Today’s Liang Ge trading plan: sell high and buy low within the range—don’t get carried away.

If it retraces to around 4740–4750, try a small long position; if it rebounds to around 4780–4800, look for an opportunity to short it.

⚠ Remember: Once the gold price really breaks through the 4740–4800 range, a one-way market can come at any time, and the prior sell-high buy-low strategy won’t work as well. At that time, Liang Ge will give real-time levels during the session—stay with it and don’t get left behind.

The above is my own view of the chart. The market changes in an instant; this content is for reference only and does not constitute investment advice. When it comes to real money, you should weigh it carefully yourself.