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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
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