Gold (XAU/USD) is strongly bullish, fueled by firming expectations for a Federal Reserve interest rate cut following weak US economic data. The technical setup, including a triangle breakout, targets $4250/oz, with $4100/oz acceptance critical. However, contrarian analysis of the 76% net-long client sentiment suggests a potential near-term price slide.
10-11-2025 17:47 GMT
by Zain Vawda