Gold is struggling to extend the previous week’s uptrend, holding close to the $4,700 level early Monday, as a new week begins, but fresh US-Iran tensions arise and erode investors’ confidence once again.  

The GBP/USD finished this past week showing it had the capability of sustaining a higher realm going into this weekend near the 1.36275 mark.

As the prospects of a peace deal between the USA and Iran seemed to rise again, risk assets and stocks rose last week, while energy prices took a hit. Find out if a turnaround might happen this week as we face another Trump war deadline due Thursday.

Futures prices for WTI Crude Oil finished near the $91.480 mark going into this weekend, this after touching lows near the $87.000 mark on Wednesday.

Gold, Bitcoin, Nasdaq 100 and major FX pairs trade near key technical zones as markets react to rates and risk sentiment.

Another negative week for the US Dollar (USD) saw the US Dollar Index (DXY) add to the prior decline and challenge the area of multi-week troughs near 97.60, slipping further below its key 200-day Simple Moving Average (SMA).