Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
JUSD 
TRON 
Lido Staked Ether 
Gold (XAU/USD) struggles to capitalize on a solid intraday bounce from sub-$4,800 levels. It remains depressed through the first half of the European session on Thursday amid mixed fundamental cues. The US Dollar (USD) climbs to a two-week high after its recent recovery from a four-year low.
💡 DMK Insight
Gold’s inability to sustain gains above $4,800 is a red flag for bulls right now. With the US Dollar hitting a two-week high, the pressure on gold prices is palpable. Traders should note that a stronger dollar typically weighs on gold, making it crucial to monitor how XAU/USD reacts around the $4,800 level. If gold fails to reclaim this area, we could see a deeper pullback, potentially testing support levels below $4,700. On the flip side, if gold can break above $4,800 convincingly, it might signal a short-term reversal, attracting buyers. Keep an eye on the dollar’s movements and any economic data releases that could shift sentiment quickly. The next few sessions will be pivotal for gold, especially as we head into key economic reports that could further influence the dollar’s strength.
📮 Takeaway
Watch for gold’s reaction around $4,800; a failure to hold could lead to a drop below $4,700.
