Gold prices have found some relief and are experiencing a minor recovery amidst the mixed market sentiment driven by ongoing Middle East tensions, Trump's call for rate cuts, and Fed Chair Powell's hawkish tone. This has led to an interesting market reaction. We might see short-term growth in gold prices after a retest of the liquidity zone below $3,320.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.