Gold Analysis July 1st: Keep an Eye on Fed Chair Warsh's SpeechGOLD (US$/OZ)TVC:GOLDBlogngoaihoiGold Analysis July 1st – Gold drops slightly at Wednesday's Asian open, heading toward the $4,000 level. Traders are closely monitoring the outlook of US-Iran negotiations in Doha, following mixed signals from both sides that underscore the fragility of the temporary peace deal reached earlier this month. Today, investors should also focus on Fed Chair Warsh's upcoming speech and the Manufacturing PMI data during the US session. CNBC reported on Tuesday that US President Donald Trump stated talks between the two nations would take place in Qatar on Tuesday, asserting that Tehran had "requested a meeting" following US airstrikes over the weekend. Meanwhile, Iran's Foreign Ministry spokesperson reportedly denied that any talks were scheduled for the coming days. Currently, no high-level meetings have taken place between the US and Iran. Any positive signs of progress toward a peace deal could support gold prices. On the other hand, uncertainty or a lack of progress in the US-Iran talks could stoke inflation fears, prompting traders to increase their bets on a Fed interest rate hike, thereby putting downward pressure on gold. Investors are awaiting Wednesday's US ADP employment data and Thursday's US Non-Farm Payrolls (NFP) report for further clues on the Federal Reserve's monetary policy stance. If the employment data turns out better than expected, it could bolster the Fed's case for maintaining high interest rates for longer, which could weigh on gold prices. Close attention should also be paid to Fed Chair Warsh's speech at 20:00 and the Manufacturing PMI data at 21:00 tonight. Read more : blog ngoại hối - https://blogngoaihoi (.)co/