Gold Rebounds as Markets Assess Mixed US–Iran SignalsGoldOANDA:XAUUSDFM-ForexMastermind1. Macro Drives Gold opened Monday with a bullish gap before extending higher and retesting the $4,550 level during the early trading hours. Markets are still monitoring developments surrounding a potential agreement between the United States and Iran following several constructive headlines over the weekend. However, the overall flow of information remains mixed and inconsistent, with no clear confirmation of meaningful progress in negotiations so far. The return of risk appetite has added pressure on the US Dollar, providing short-term support for gold prices. At the same time, the nearly 2% decline in US Treasury yields at the start of the week has also contributed to bullish momentum in gold. 2. Structure & Liquidity From a broader structural perspective, gold remains within a bearish trend as price has not yet been able to break above the strong liquidity zone around 4580. However, the strong opening gap during the Asian session and the subsequent upside expansion suggest that buyers are currently dominating short-term momentum, with price potentially moving to retest the upper liquidity boundary once again. The upper range around 4580–4585 continues to act as a key overhead liquidity zone, while the lower boundary near 4460–4465 remains an important demand area where buying interest consistently emerges. 3. Outlook Amid mixed and uncertain geopolitical developments, gold is expected to remain within its current trading range structure for now. In addition, today marks a bank holiday across several major financial centers in Europe and the United States, which could result in lower-than-usual market liquidity throughout the session. Investors should continue monitoring developments surrounding US–Iran negotiations closely, as this remains the primary catalyst influencing market flows and any potential breakout scenario in the near term. Wish you a successful trading day 💰