After Trump presented the trade agreement with the United Kingdom, the market is showing a shift towards more risky assets. Gold contracts are losing 1.8% today, falling to around $3,300 per ounce. Declines are also visible in 10-year U.S. bonds, whose yields are returning to around 4.37% (+8 basis points since the beginning of the session).
Investors are starting to ease their risk-off strategies, which have been pushing gold prices to new highs at a dynamic pace since the beginning of the year. This pace particularly increased amid growing concerns about international trade tensions following Trump's announcement of retaliatory tariffs. Today's announcement of the agreement with the United Kingdom is only the first step in straightening international relations, but it signals to investors a potential departure from the negative scenario of a trade war.
Gold contract prices are testing the psychological support level of $3,300. Dropping below this level may increase the risk of forming a double top pattern, which in classical technical analysis would signal a sell-off. Source: xStation
Cocoa futures surge 6% facing El Niรฑo risk ๐
Chart of the Day: EU50 - European indices at new peaks (15.06.2026)
Economic Calendar: Will the Yen Find Support? (15.06.2026)
Morning Wrap: Strait of Hormuz Finally Set to Open (15.06.2026)
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
