π¨π³ China has increased its gold reserves again, according to the Peopleβs Bank of China.
Continued central bank buying could provide long-term support for gold prices as demand remains strong.
π Keep an eye on XAU/USD.
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π¨ MATCHDAY | FIFA World Cup 2026
π§π· Brazil π π³π΄ Norway
A blockbuster Round of 16 showdown takes place tonight at MetLife Stadium.
π₯ Brazilβs explosive attack faces one of their toughest opponentsβa Norway side led by one of the worldβs deadliest strikers.
π A place in the Quarter-finals is on the line.
Who are you backing? π
β€οΈ Brazil
π Norway
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Global markets remain on alert as geopolitical tensions continue after a reported attack on a cargo ship in the Red Sea.
π Traders should closely monitor:
β’ Oil prices π’οΈ
β’ Gold (Safe Haven) π₯
β’ U.S. Dollar π΅
β’ Global risk sentiment π
Stay informed. Trade with discipline.
Follow @SniperTradesX for breaking market news, Forex updates, and trade setups.
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π¨ Market Update
Gold ended the week stronger after weaker-than-expected U.S. jobs data reduced expectations of a near-term Fed rate hike.
π Markets are now watching:
β’ FOMC Minutes
β’ Fed speakers
β’ Upcoming U.S. inflation data
Expect volatility across Gold (XAU/USD) and major USD pairs.
Trade the reaction, not the prediction. π
Follow @SniperTradesX for more market updates, trade setups, and breaking Forex news.
#XAUUSD #Gold #Forex #Trading #MarketUpdate
π¨ Market Update
Gold is holding above key support while the USD remains under pressure.
π Watch for a breakout during the London/New York session.
Trade your plan. Manage your risk.
#XAUUSD#Forex#Trading
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π Bullish setup on Gold.
But donβt ignore U.S.βIran tensions. Any escalation could trigger sharp volatility.
Trade the chart. Respect the news. Manage your risk.
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