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The expected outcome.
U.S. President Trump and Iran mutually vetoed each other's latest proposals aimed at ending the ten-week conflict, and both sides are currently struggling to maintain a fragile ceasefire agreement. "I just finished reading Iran's so-called 'representatives' reply," Trump said in a social media post, calling the reply "completely unacceptable." After Trump's remarks, the dollar's exchange rate against other major currencies further widened its gains. On Monday, WTI crude oil opened up 3% at $98.44 per barrel. Spot gold opened nearly $20 lower, and spot silver fell more than 1%.
International Gold: 4660 is an important support level; today’s focus is on whether this level holds and whether the gap at 4715 can be filled. $XAUUSD $XTIUSD $XAGUSD