{quote} there is a chance gold might drop if in case any bad incident happens over weekend his son is not public and he is alos advised to stay hidden if he appears in funeral and attack is done then expect the worst situation for gold
Ignored
A worsened economical scenario in this case war may actually reverse causing gold to actually rise higher. Yes we haven't seen this with this war however all that's needed is investors investing into gold due to fear of uncertainty etc.
24% of golds move downwards in H1 Jan-Jun 2026 was momentum driven.
All we need is a good catalyst for gold to rise higher e.g. political tensions, war, interest rates.
No tensions = gold range/downwards as investors would look into yields and bonds if we have a strong US Dollar.
