đĄđš GOLD HOLDS ABOVE $4,330 AS HORMUZ OIL PRESSURE EASES
Gold is slightly lower as a stronger dollar and hawkish Fed signals offset falling oil prices and Treasury yields.
đ Key market levels:
đ„ Spot gold: $4,336.50 (-0.15%)
đąïž Brent: below $100
đąïž WTI: below $95
đșđž 10Y Treasury yield: ~4.93%
đ” Dollar: firmer
đ„ Silver: $65.73 (-0.26%)
đŻ Gold technical levels:
âą Resistance: $4,358 â $4,394 â $4,433
âą Support: $4,333 â $4,301 â $4,270
đ Why it matters: Reports of possible Hormuz reopening within seven days have pressured oil lower, reducing near-term inflation fears. But unresolved Middle East tensions and hawkish Fed commentary are keeping goldâs upside capped.
đ Gold is caught between falling oil and the risk of another Fed hike. Which breaks first â $4,358 resistance or $4,301 support?
Trade Here đ $XAU | $XAG | $COPPER
My call. Your execution.
DYOR & manage risk. â ïž
#AIStocksWhatNext #DogecoinRises15% #BNBMarketCapPassesBNYMellon #StreamerClub #Write2Earn
Gold is slightly lower as a stronger dollar and hawkish Fed signals offset falling oil prices and Treasury yields.
đ Key market levels:
đ„ Spot gold: $4,336.50 (-0.15%)
đąïž Brent: below $100
đąïž WTI: below $95
đșđž 10Y Treasury yield: ~4.93%
đ” Dollar: firmer
đ„ Silver: $65.73 (-0.26%)
đŻ Gold technical levels:
âą Resistance: $4,358 â $4,394 â $4,433
âą Support: $4,333 â $4,301 â $4,270
đ Why it matters: Reports of possible Hormuz reopening within seven days have pressured oil lower, reducing near-term inflation fears. But unresolved Middle East tensions and hawkish Fed commentary are keeping goldâs upside capped.
đ Gold is caught between falling oil and the risk of another Fed hike. Which breaks first â $4,358 resistance or $4,301 support?
Trade Here đ $XAU | $XAG | $COPPER
My call. Your execution.
DYOR & manage risk. â ïž
#AIStocksWhatNext #DogecoinRises15% #BNBMarketCapPassesBNYMellon #StreamerClub #Write2Earn
