Malaysia Gold price today: Gold falls, according to FXStreet data
Gold struggles near $4,700 as Hormuz risks and inflation-driven Fed repricing lift USD
Gold drifts lower below $4,750 amid Trump's extension of a ceasefire with Iran
It is becoming a challenging period for gold price action in the short term, as the metal has not been able to build enough strength to sustain a solid bullish move. In fact, over the last three trading sessions, gold has posted a decline of nearly 2.00%, starting to reflect a short-term weakness scenario.
Gold steadies near $4,700 as lower US yields offset Iran risks
It looks like the corrective rebound is over or very close to being over.
Gold rally lacks follow-through as strong dollar weighs. Gold market tracks $4744.34 pivot; move above $4881.30 or below $4644.46 sets direction.
Small sample sizing is a dangerous thing in technical analysis because it can be attractive and even inducing, to look at something that's happened a few times and expecting it to happen again. And then, when it doesn't happen, it seems that all hope is lost and suddenly sentiment sours.
Gold rises as Trump extends Iran ceasefire amid stalled peace talks
Gold holds near $4,755 as the US-Iran ceasefire extension eases inflation fears. Will XAU/USD break $4,800 resistance or retest support at $4,669?
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data