๐ฐ Gold breaks through $4,050 mark; USD under pressure
Gold prices are extending their range play above the $4,050 level. This upward movement is supported by anticipation of further Federal Reserve hikes. Specifically, traders are reacting to elevated bets on future Fed rate increases. Additionally, ongoing risks related to Iran are weighing on the US Dollar. Investors are now watching for key economic indicators to guide the next move. ๐