-
Gold Outlook: Peace Hopes Support Gold, Options Market Signals Caution
Gold is attempting to form a near-term base, with technical signals on the daily chart turning increasingly constructive. However, options traders remain cautious, with demand for downside protection rising and implied volatility beginning to lift from recent lows. The next move may hinge on whether markets continue to price in hopes of a peace deal between the US and Iran. The latest hopes of a peace deal between the US and Iran weighed on the US dollar on Thursday, helping gold carve out what could become a swing low. But how many times can markets watch the same story unfold and expect a different ending? ... (full story)
- Comments / Top
- Subscribe
- Expand Replies Collapse Replies
BrokenMind
May 28, 2026 10:25pm
Permalink
Trader#9C49
May 28, 2026 11:37pm
Permalink
Milad-MSV
May 28, 2026 11:52pm
Permalink
Mol-Ester
May 29, 2026 12:30am
—
Edited
Permalink
X3nter
May 29, 2026 1:34am
Permalink
Trader#93C5
May 29, 2026 7:08am
Permalink
View 2 replies to Mol-Ester
Hide replies to Mol-Ester
View 2 replies to Trader#9C49
Hide replies to Trader#9C49
View 0 more replies to BrokenMind
Hide replies to BrokenMind
Trader#644A
May 29, 2026 4:09am
Permalink
-
Related Stories
From kitco.com | May 28, 2026
Hong Kong is quickly increasing its share of the global gold and investment market as it leverages its unique geographical and financial advantages to support Chinas economic and financial growth, and the latest data and projections indicate that the trend is likely to accelerate in the coming years. On the gold front, China's net gold imports via Hong ...
From brecorder.com | May 29, 2026
Shanghai copper rose on Friday, on track for a second straight monthly rise, as hopes of a US-Iran peace deal pushed oil prices and the dollar lower, easing fears of higher inflation and a global slowdown. The most-traded copper contract on the Shanghai Futures Exchange was up 0.8% at 104,900 yuan ($15,472.55) as of 0324 GMT. The contract has gained 3.7% so ...
A wannabe spy convinced the CIA to give him $40 million in gold bars by claiming it was for work-related expenses and it was just the latest in a career full of increasingly brazen lies, according to federal prosecutors. David Rush made a series of requests to the agency to obtain a significant quantity of foreign currency and hundreds of gold bars ...