Gold's rebound has technical and macro confirmation behind it, but whether it extends toward 4,500 depends on three interlinked markets — Brent crude, US Treasury yields, and Fed rate expectations — all still hinging on whether Strait of Hormuz negotiations produce a durable breakthrough.
The post Gold’s Rally Looks Real. Three Markets Will Decide Whether It Reaches 4,500 appeared first on ActionForex.
Gold’s rebound has technical and macro confirmation behind it, but whether it extends toward 4,500 depends on three interlinked markets — Brent crude, US Treasury yields, and Fed rate expectations — all still hinging on whether Strait of Hormuz negotiations produce a durable breakthrough.
The post Gold’s Rally Looks Real. Three Markets Will Decide Whether It Reaches 4,500 appeared first on ActionForex.
