From Investing.com: 2025-06-23 02:05:00

Gold is struggling to gain momentum despite Middle East tensions, with $3400 acting as a major roadblock. Risk assets rebounding indicate a lack of scramble for safe havens, leaving bulls with little to hold onto. The failure to reclaim $3400 suggests a lower skew in directional risks, with little evidence of major bullish momentum.

After failing to reclaim $3400, gold faces uncertainty as traders question what it would take to retest record highs. Indicators like RSI and MACD show mild bullish signals, but no significant acceleration in momentum. $3400 remains a key level to watch, with a potential push towards $3451.30 if breached, or a short entry opportunity if rejected.



Read more at Investing.com: Gold Falters Again at $3400 as Traders Shrug Off Geopolitical Risk