GEOPOLITICAL RISKS REMAIN AN IMPORTANT UPSIDE CATALYST, WITH THE IRAN-OMAN DEAL TO REOPEN THE STRAIT OF HORMUZ STILL UNRESOLVED AND HOUTHI ATTACKS THREATENING SAUDI ENERGY INFRASTRUCTURE, AND IF MIDDLE EAST TENSIONS PERSIST WHILE U.S. MONETARY POLICY BECOMES LESS HAWKISH, GOLD COULD MAINTAIN ITS BULLISH MOMENTUM.

GEOPOLITICAL RISKS REMAIN AN IMPORTANT UPSIDE CATALYST, WITH THE IRAN-OMAN DEAL TO REOPEN THE STRAIT OF HORMUZ STILL UNRESOLVED AND HOUTHI ATTACKS THREATENING SAUDI ENERGY INFRASTRUCTURE, AND IF MIDDLE EAST TENSIONS PERSIST WHILE U.S. MONETARY POLICY BECOMES LESS HAWKISH, GOLD COULD MAINTAIN ITS BULLISH MOMENTUM.

Source:https://x.com/FirstSquawk/status/2086597620311757109