Gold remains under pressure as a strong US dollar and hawkish Fed expectations weigh on prices.
Central bank speeches and US payrolls data could determine gold’s near-term direction.
Gold’s technical outlook stays bearish unless prices reclaim key resistance above $4,100
Central bank speeches and US payrolls data could determine gold’s near-term direction.
Gold’s technical outlook stays bearish unless prices reclaim key resistance above $4,100
🚨 JUST IN: Iran denies Axios’ report of US-Iran technical talks in Doha this week, stating meetings will occur only after frozen funds are released and Israel ends operations in Lebanon.
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🚨 JUST IN: U.S. private employers added 98,000 jobs in June, below the 118,000 forecast.
🚨 SPOT #GOLD EXTENDS GAINS AFTER FED CHAIR KEVIN WARSH'S COMMENTS, LAST UP NEARLY 2% AT $4,086.09/OZ.
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🚨 JUST IN: US is revoking Iran's new general license to export oil after Iran attacked three commercial vessels in the Strait of Hormuz.
The US described Iran's actions as "wholly unacceptable" and warned they will face consequences.
The US described Iran's actions as "wholly unacceptable" and warned they will face consequences.
GM 🌞
It's not enough to force yourself to be patient and then think about the trades you could've made all day long.
This leads you to accumulated emotion that'll come out on the next trading day.
You need to actually feel at peace with the decision you took afterward.
It's not enough to force yourself to be patient and then think about the trades you could've made all day long.
This leads you to accumulated emotion that'll come out on the next trading day.
You need to actually feel at peace with the decision you took afterward.
🚨 JUST IN: Trump says the US will probably strike Iran again tonight, emphasizing the issue is nuclear weapons, not regime change.