🟡🚨 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.
📊 Key market levels:
🥇 Spot gold: $4,336.50 (-0.15%)
🛢️ Brent: below $100
🛢️ WTI: below $95
🇺🇸 10Y Treasury yield: ~4.93%
💵 Dollar: firmer
🥈 Silver: $65.73 (-0.26%)
🎯 Gold technical levels:
• Resistance: $4,358 → $4,394 → $4,433
• Support: $4,333 → $4,301 → $4,270
🌍 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 gold’s upside capped.
👀 Gold is caught between falling oil and the risk of another Fed hike. Which breaks first — $4,358 resistance or $4,301 support?
Trade Here 👉 $XAU | $XAG | $COPPER
My call. Your execution.
DYOR & manage risk. ⚠️
#AIStocksWhatNext #DogecoinRises15% #BNBMarketCapPassesBNYMellon #StreamerClub #Write2Earn
Gold is slightly lower as a stronger dollar and hawkish Fed signals offset falling oil prices and Treasury yields.
📊 Key market levels:
🥇 Spot gold: $4,336.50 (-0.15%)
🛢️ Brent: below $100
🛢️ WTI: below $95
🇺🇸 10Y Treasury yield: ~4.93%
💵 Dollar: firmer
🥈 Silver: $65.73 (-0.26%)
🎯 Gold technical levels:
• Resistance: $4,358 → $4,394 → $4,433
• Support: $4,333 → $4,301 → $4,270
🌍 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 gold’s upside capped.
👀 Gold is caught between falling oil and the risk of another Fed hike. Which breaks first — $4,358 resistance or $4,301 support?
Trade Here 👉 $XAU | $XAG | $COPPER
My call. Your execution.
DYOR & manage risk. ⚠️
#AIStocksWhatNext #DogecoinRises15% #BNBMarketCapPassesBNYMellon #StreamerClub #Write2Earn
