I think #Gold is trading inside a strong buy zone where buyers could start taking control. I'm watching this area closely because it has the potential to become the base for the next move higher.
I'm staying patient instead of chasing the price. If $XAU keeps holding this support, I believe it can recover toward the 4,350 resistance first, and if buyers stay in control, the next target could be around 4,800.
I think the bullish setup remains valid as long as the buy zone continues to hold.
D...
BREAKING: Foreign holdings of US Treasuries rose +$18 billion in May, to $9.37 trillion, the 2nd-highest on record.
Over the last 12 months, total foreign holdings of US Treasuries have surged +$549 billion.
Japan, the largest foreign holder, reduced its holdings -$67 billion,
📉 Why Is the Stock Market Falling?
The stock market is under pressure as investors react to growing economic uncertainty. Concerns over inflation, interest rate expectations, geopolitical tensions, and weaker corporate earnings have reduced risk appetite.
When fear rises, many investors move their money from stocks into safer assets, increasing selling pressure across the market. Short-term volatility is normal during uncertain periods, but long-term investors often view these corrections as ...