Gold hit a fresh all-time high on safe-haven
demand.
The air strike on the Iran consulate by Israel
killed three senior members of Iran's
Revolutionary Guard. This escalated tensions in
the Middle East.US treasury yields surged
following strong US economic data increased
the bets of an early rate cut
Technical:
The near-term support is around $2265, a
break below targets of $2250. The yellow metal
faces minor resistance around $2290 and a
breach above will take it to the next level of
$2300/$2325.
Signal
Sell $2288 with SL around $2300 for TP of
$2265/$2250
Buy $2250 with SL around $2200 for TP of
$2300.