GOLD IS ABOUT TO REPEAT 1979 and This is the part everyone is ignoring.
In 1979, the Iran crisis sent oil soaring and gold parabolic from $200 to $850 in a frenzy. Everyone celebrated it as the start of a new golden era.
They were wrong.
What came next was brutal. The Fed lost control of inflation, then slammed the brakes hard. Interest rates were hiked toward 20%, liquidity was sucked out of the system, and gold didn’t protect anyone — it crashed from $850 all the way down to $300.
Now look at 2026.
The setup is rhyming dangerously well:
Iran conflict rapidly escalating
Oil prices surging higher
Supply chains under stress
Inflation quietly creeping back
#GOLD_UPDATE #XAUUSD #Liquidations
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