🥇 Gold continues recovery

Gold continues recovery move started after a failed attempt of breaking below a key support at $1,680. Precious metal is trading higher for the third day in a row as lower yields allow gold to catch a breath. Gold may become more active in the early afternoon when ECB announces its monetary policy decision (decision - 12:45 pm GMT, press conference - 1:30 pm GMT). ECB members have recently talked down yields and gold may receive a boost if words are followed by actions today.

From a technical point of view, the nearest resistance to watch can be found at $1,752 - the upper limit of local 1:1 market geometry. Key resistance marked by the upper limit of the large Overbalance structure can be found at $1,870.

Source: xStation5

10 July 2026, 6:35 PM

Daily Summary: The week ends on a positive note. SK Hynix up 14% on Nasdaq. Energy down (10.07.2026)

10 July 2026, 5:54 PM

Three markets to watch next week (10.07.2026)

10 July 2026, 3:59 PM

BREAKING: Iran and US are back at the negotiation table?! Oil takes a step back, stocks tick up!

9 July 2026, 6:52 PM

Daily Wrap: Technology Leads Wall Street Higher. Markets Shrug Off US–Iran Tensions

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