A weaker dollar (DXY ~99.30), fading Fed rate-hike odds (down to ~30% on soft jobs/inflation data), and steady central-bank buying (288.9 tonnes in Q2, led by China's 21-month streak).
Wildcard: oil. Contained Hormuz tension helps gold, but a real shock (crude to $100+) could revive inflation fears and hit it.
Bank targets range $4,360–$4,900. Not mania — just rebuilding confidence, with a pullback to $4,300 still possible.
*Not financial advice.@-XAU-
#Gold #XAUUSd #Fed #Inflation #DXY #PreciousMetals #MacroTrading #CentralBanks #SafeHaven #BinanceSquare
Wildcard: oil. Contained Hormuz tension helps gold, but a real shock (crude to $100+) could revive inflation fears and hit it.
Bank targets range $4,360–$4,900. Not mania — just rebuilding confidence, with a pullback to $4,300 still possible.
*Not financial advice.@-XAU-
#Gold #XAUUSd #Fed #Inflation #DXY #PreciousMetals #MacroTrading #CentralBanks #SafeHaven #BinanceSquare