GOLD
The U.S. dollar continues to strengthen amid renewed U.S.–Iran tensions, hawkish Fed rate expectations, and USDJPY climbing to multi-decade highs. Together, these factors continue to weigh on gold.
Key drivers:
Bearish: stronger U.S. dollar, rising Treasury yields, hawkish Fed signals, ongoing geopolitical uncertainty.
Bullish: progress in geopolitical negotiations, weaker U.S. economic data, or a dovish shift from the Fed
Resistance: 4018, 4090, 4121
Support: 3959, 3886, 3819
#XAU/USD#
Mr.Yang