neutral
Recently
Gold Slips Beneath Key Watch Level As Dollar Strength And Fed Ambiguity Cap Upside
Gold stayed under $4,000 as a firm dollar, uncertain Fed timing and steadier FX crosses curbed haven bids, leaving prices range-bound pending new U.
Traders kept bullion on a tight leash with spot prices holding below the $4,000 per-ounce watch level as the U.S. dollar hovered near three-month highs. Persistent ambiguity around the timing and extent of Federal Reserve easing maintained defensive positioning, while resilient U.S. macro kept longer-tenor yields sticky. Improving tone in several major currency crosses after signs of easing U.S.–China friction also restrained safe-haven bids. Positioning now tilts toward range-bound trade into labour data and Fedspeak, with ETF flows, futures positioning, and real yields likely to set the next directional impulse for precious metals.