🌍 Why Gold Has Been Strong Recently:
Safe-haven demand: Global uncertainty and geopolitical tensions have repeatedly pushed investors into gold as a store of value and risk hedge.
Central bank buying: Many central banks, especially in Asia, continue accumulating gold reserves to diversify away from major currencies, supporting longer-term price strength.
Inflation and monetary policy: Expectations of interest-rate cuts and persistent inflation concerns reduce the opportunity cost of holding a non-yielding asset like gold — typically bullish for prices.
⚠️ Bearish/Cautious Views:
• Some forecasts suggest gold could consolidate or correct around key technical zones if yields rise or risk sentiment improves.
#CZAMAonBinanceSquare #USNFPBlowout #TrumpCanadaTariffsOverturned #USRetailSalesMissForecast #USTechFundFlows
