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• Gold pauses after recent surge, but bullish momentum stays intact above $4100
• EURGBP poised to resume its uptrend following a brief corrective pullback
• USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
• USD Index extends losses amid rising rate-cut expectations and firmer gold prices
• EURUSD makes another attempt to break through key Fibonacci resistance
• Gold surged more than 2% on Monday, delivering the first signs that its corrective phase may be coming to an end
• Gold holds steady near the $4,000 level but continues to lack clear directional cues.
• GBPUSD – modest advance after BoE holds interest rates steady
• Dollar Index – bulls may pause for consolidation after breaking key resistance levels at the psychological 100 mark and the nearby falling 200DMA
• WTI Oil – sellers reclaim control amid demand worries; focus turns to reaction at key $60 support level