🚨 BREAKING NEWS 🚨 🇺🇸🤝🇮🇷 US-Iran Peace Deal Confirmed! The United States and Pakistan have officially announced the agreement, while Iran has also signaled its acceptance and final formalities are expected soon. 📈 If the deal is fully implemented, it could reduce geopolitical tensions and have a positive impact on global financial markets. ⚠️ Trade carefully: Market volatility may remain high as investors react to further official updates and economic data.
Over the past few hours, we saw a small pullback where price retraced into the Golden Pocket of the recent up move as well as the previously reclaimed resistance level.
So far, this looks like a healthy pullback within the broader uptrend and a potential higher low in the making.
I still expect a push higher and eventually a sweep of the Monday high around $64.2k.
If that happens, I will be watching closely for a reaction. Should we see a strong rejection followed by a break of structure, I will most likely look for a short opportunity.