Gold
Gold is unique for its durability (it doesn’t rust or corrode), malleability, and ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.
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Gold rises as USD retreats on US‑Iran ceasefire extension; lacks bullish conviction
Gold attracts some buyers as the US-Iran ceasefire extension undermines the USD. A standoff over the Strait of Hormuz could…
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Gold slips as markets await clarity on US-Iran talks, US Retail Sales beat expectations
Gold trades with a mild bearish bias as a firmer US Dollar caps upside. US-Iran talks remain in doubt ahead…
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Trade of The Day – XAU.GOLD
Facts: GOLD has remained above the 200-day EMA The metal tested the $4,800 per ounce level Recommendation: Long position in…
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Gold slides back closer to $4,800 as USD edges higher ahead of US-Iran peace talks
Gold meets with a fresh supply during the Asian session, though the downside seems limited. Inflation fears support US bond…
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Gold bulls seem reluctant near $4,800 as inflation concerns counter retreating USD
Gold attracts some dip-buyers following a bearish gap opening, though it lacks follow-through. Renewed US-Iran tensions provided a modest lift…
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Three Markets To Watch
Investors across all markets are hopeful that the ceasefire between the USA and Iran will prove durable and finally allow…
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XAU/USD hovers below $4,850 with US-Iran peace talks in focus
Gold keeps hovering near recent highs, with resistance in the $4,850 area capping bulls. Investors’ optimism about the outcome of…
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XAU flat lines below $4,800 as Hormuz risks and USD uptick counter Iran diplomacy hopes
Gold remains on the defensive, though it lacks follow-through selling amid mixed cues. The USD is underpinned by Hormuz risks…
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Gold sticks to gains below four-week top as Iran diplomacy hopes and Fed bets weigh on USD
Gold regains some positive traction following the previous day’s pullback from a four-week top. Iran diplomacy hopes and fading Fed…
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